Nebraska § 52-1405 - Lender; failure to respond; effect.
Full text of Nebraska Revised Statutes of Nebraska § 52-1405 — Lender; failure to respond; effect., with citation guidance and answers to common questions.
§ 52-1405. Lender; failure to respond; effect.
If a lender does not respond to the supplier within fifteen calendar days after receiving the lien-notification statement:
(1) If the agricultural production input is feed for livestock, a supplier who furnishes the feed has an agricultural production input lien which has priority over any security interest of the lender for the unpaid retail cost of such feed. Such lien may not exceed the amount, if any, that the sales price of the livestock exceeds the greater of the fair market value of the livestock at the time the lien attaches or the acquisition price of the livestock; or
(2) For all other agricultural production input, a supplier who furnishes such agricultural production input has an agricultural production input lien which has priority over any security interest of the lender in the specified crops or their proceeds for the lesser of:
(a) The amount stated in the lien-notification statement; or
(b) The unpaid retail cost of the agricultural production input identified in the lien-notification statement.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 52-1405
What does Revised Statutes of Nebraska § 52-1405 cover?
Section 52-1405 ("Lender; failure to respond; effect.") is part of the Revised Statutes of Nebraska, the codified statutory law of Nebraska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nebraska § 52-1405?
A common citation format is "Revised Statutes of Nebraska § 52-1405" (Nebraska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nebraska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nebraska official source linked on this page or consult a licensed Nebraska attorney.
How does Nebraska § 52-1405 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nebraska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nebraska.