A credit memo that remains unredeemed for more than three years after issuance is presumed abandoned and the amount presumed abandoned is the amount credited, as shown on the memo itself.
Neb. Rev. Stat. § 69-1305.02
Credit memo; presumed abandoned; when
Laws 1994, LB 1048, § 3; Laws 2006, LB 173, § 2.
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.