Nebraska § 77-3804 - Franchise tax; limitation rate; limitation amount.
Full text of Nebraska Revised Statutes of Nebraska § 77-3804 — Franchise tax; limitation rate; limitation amount., with citation guidance and answers to common questions.
§ 77-3804. Franchise tax; limitation rate; limitation amount.
(1) The limitation rate shall be forty-eight and eight-tenths percent of the maximum corporate income tax rate in effect for the taxable year, as prescribed in section 77-2734.02, rounded to the nearest hundredth of one percent.
(2) The limitation amount shall be the product of the net financial income of the financial institution multiplied by the limitation rate.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 77-3804
What does Revised Statutes of Nebraska § 77-3804 cover?
Section 77-3804 ("Franchise tax; limitation rate; limitation amount.") 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 § 77-3804?
A common citation format is "Revised Statutes of Nebraska § 77-3804" (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 § 77-3804 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.