2014 Nebraska Revised Statutes
Chapter 60 - MOTOR VEHICLES
60-659 - Security interest, defined.


NE Code § 60-659 (2014) What's This?

60-659. Security interest, defined.

Security interest shall mean an equitable title or property right in a vehicle reserved or created by agreement and which secures payment or performance of an obligation, including the interest of a lessor under a lease intended as security, and which is perfected when it is valid against third parties generally, subject only to specific statutory exceptions.

Source

    Laws 1993, LB 370, ยง 155.


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