Sections 87-401 to 87-410 apply only to a franchise (1) the performance of which contemplates or requires the franchisee to establish or maintain a place of business within the State of Nebraska, (2) when gross sales of products or services between the franchisor and franchisee covered by such franchise shall have exceeded thirty-five thousand dollars for the twelve months next preceding the institution of suit pursuant to sections 87-401 to 87-410 , and (3) when more than twenty percent of the franchisee's gross sales are intended to be or are derived from such franchise.
Neb. Rev. Stat. § 87-403
Franchise; sections, applicable; when
Applied in 1 court decision — leading case Regnev, Inc. v. Shasta Beverages, Inc. (1983)
Most recently applied in Regnev, Inc. v. Shasta Beverages, Inc. (August 1983)
Laws 1978, LB 202, § 3.
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.