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2020 Nebraska Revised Statutes
Chapter 21 - Corporations and Other Companies
21-2951 Duration of marketing contract; termination.
Universal Citation: NE Code § 21-2951 (2020)
21-2951. Duration of marketing contract; termination.
The initial duration of a marketing contract may not exceed ten years, but the contract may be made self-renewing for additional periods not exceeding five years each. Unless the contract provides for another manner or time for termination, either party may terminate the contract by giving notice in a record at least ninety days before the end of the current term.
Source
- Laws 2007, LB368, § 51;
- Laws 2008, LB848, § 12.
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