Nebraska § 77-102 - Property, defined.
Full text of Nebraska Revised Statutes of Nebraska § 77-102 — Property, defined., with citation guidance and answers to common questions.
§ 77-102. Property, defined.
The word property includes every kind of property, tangible or intangible, subject to ownership.
Leasehold interest in buildings on federal air force base was property subject to taxation. Offutt Housing Co. v. County of Sarpy, 160 Neb. 320, 70 N.W.2d 382 (1955).
Term property includes intangible property. International Harvester Co. v. County of Douglas, 146 Neb. 555, 20 N.W.2d 620 (1945).
Lease for years is property, the subject of an independent assessment as the property of the lessee. North Platte Lodge 985, B.P.O.E. v. Board of Equalization of Lincoln County, 125 Neb. 841, 252 N.W. 313 (1934).
A cause of action sounding in tort is not property as that term is understood in the revenue law of the state. Seward County v. Jones, 105 Neb. 705, 181 N.W. 652 (1921).
Each station is assessed as independent business, and it may deduct from credits due all debts owing at time of return as regards that particular station, which net amount, if any, is taxed. Nye-Schneider-Fowler Co. v. Boone County, 102 Neb. 742, 169 N.W. 436 (1918).
Frequently Asked Questions About Nebraska § 77-102
What does Revised Statutes of Nebraska § 77-102 cover?
Section 77-102 ("Property, defined.") 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 § 77-102?
A common citation format is "Revised Statutes of Nebraska § 77-102" (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 § 77-102 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.