Nebraska § 21-2950 - Marketing contract.
Full text of Nebraska Revised Statutes of Nebraska § 21-2950 — Marketing contract., with citation guidance and answers to common questions.
§ 21-2950. Marketing contract.
(1) If a marketing contract provides for the sale of products, commodities, or goods to a limited cooperative association, the sale transfers title absolutely, except for security interests properly perfected, to the association upon delivery or at any other specific time expressly provided by the contract.
(2) A marketing contract may:
(a) Authorize a limited cooperative association to create an enforceable security interest in the products, commodities, or goods delivered; and
(b) Allow the limited cooperative association to sell the products, commodities, or goods delivered and pay the sales price on a pooled or other basis after deducting selling costs, processing costs, overhead, expenses, and other charges.
Frequently Asked Questions About Nebraska § 21-2950
What does Revised Statutes of Nebraska § 21-2950 cover?
Section 21-2950 ("Marketing contract.") 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 § 21-2950?
A common citation format is "Revised Statutes of Nebraska § 21-2950" (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 § 21-2950 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.