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2015 Nebraska Revised Statutes
Chapter 8 - BANKS AND BANKING
8-2710 Electronic instrument, defined.

NE Code § 8-2710 (2015) What's This?

8-2710. Electronic instrument, defined.

Electronic instrument means a card or other tangible object for the transmission or payment of money that contains a microprocessor chip, magnetic strip, or other means for the storage of information, that is prefunded, and the value of which is decremented upon each use. Electronic instrument does not include a card or other tangible object that is redeemable by the issuer or its affiliates in goods or services of the issuer or its affiliates.

Source

  • Laws 2013, LB616, ยง 10.

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