(1) Commodity shall mean, except as otherwise specified by the director by rule, regulation, or order: (a) Any agricultural, grain, or livestock product or byproduct; (b) Any metal or mineral, including a precious metal; (c) Any gem or gemstone, whether characterized as precious, semi-precious, or otherwise; (d) Any fuel, whether liquid, gaseous, or otherwise; (e) Any foreign currency; and (f) All other goods, articles, products, or items of any kind. (2) Commodity shall not include: (a) A numismatic coin, the fair market value of which is at least fifteen percent higher than the value of the metal it contains; (b) Real property or any timber, agricultural, or livestock product grown or raised on real property and offered or sold by the owner or lessee of such real property; or (c) Any work of art offered or sold by art dealers at public auction or offered or sold through a private sale by the owner of such work.
‹ Prev All Nebraska sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.