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Neb. Rev. Stat. § 59-1714

Ongoing business, defined

Laws 1979, LB 180, § 14.

Ongoing business shall mean one which for at least six months previous to the sale: (1) Has been operated from a specific given location; (2) Has been open for business to the general public; and (3) Has had all equipment and supplies necessary for operating the business located at the specific given location.

Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.