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.
Neb. Rev. Stat. § 59-1714
Ongoing business, defined
Laws 1979, LB 180, § 14.
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.