Nebraska Revised Statute 52-603

Chapter 52

52-603.

Lien; how satisfied; sale.

In accordance with the terms of the notice given as provided by section 52-601.01, a sale of the goods for reasonable value may be had to satisfy any valid claim of the claimant for which the claimant has a lien on the goods. Such sale shall extinguish any lien or security interest in the goods of a lienholder or security interest holder to which notice of sale was mailed pursuant to section 52-601.01.

Source

  • Laws 1923, c. 118, § 3, p. 281;
  • C.S.1929, § 52-603;
  • R.S.1943, § 52-603;
  • Laws 1974, LB 960, § 2;
  • Laws 2014, LB851, § 2.