Ongoing business, defined.

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59-1714. Ongoing business, defined.

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.

Source

  • Laws 1979, LB 180, § 14.


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