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Can you summarize Chapter 36 NERS?
Nebraska Revised Statutes > FRAUD AND VOIDABLE TRANSACTIONS
Short Summary
The provided legal document content covers various aspects of the creation, granting, assignment, surrender, or declaration of any estate or interest in land, trust or power over or concerning lands; contracts for the leasing or sale of lands; specific performance of contracts for the lease or sale of lands; contracts for the sale of lands between the owner and broker or agent; agreements that must be in writing to be valid; goods sold at public auction; deposit or advance of money on contracts for motion picture films; assignment of wages by the head of a family; fraudulent and voidable transactions; remedies available to a creditor under the Uniform Voidable Transactions Act; definitions and terms used in the Uniform Voidable Transactions Act; insolvency and value under the Uniform Voidable Transactions Act; defenses, liability, and protection of transferee or obligee under the Uniform Voidable Transactions Act; time for bringing action under the Uniform Voidable Transactions Act; location of debtor under the Uniform Voidable Transactions Act; organization and operation of series organizations and protected series under the Nebraska Revised Statutes; principles of law and equity supplementing the Uniform Voidable Transactions Act; application and construction of the Uniform Voidable Transactions Act; modification of the Electronic Signatures in Global and National Commerce Act by the Uniform Voidable Transactions Act. These documents apply to various parties involved in the mentioned activities, such as individuals or entities involved in the creation, granting, assignment, surrender, or declaration of any estate or interest in land, trust or power over or concerning lands; parties involved in contracts for the leasing or sale of lands; parties involved in contracts for the sale of lands between the owner and broker or agent; parties involved in agreements that must be in writing to be valid; parties involved in the sale of goods at public auction; parties involved in contracts for motion picture films; parties involved in the assignment of wages by the head of a family; creditors seeking relief under the Uniform Voidable Transactions Act; parties involved in series organizations and protected series under the Nebraska Revised Statutes. The documents provide guidelines, requirements, and provisions related to these activities, including the need for written agreements, exceptions to the statute of frauds, requirements for establishing resulting and constructive trusts, exemptions for certain payroll deductions, remedies available to creditors, definitions of key terms, rules for determining insolvency and value, defenses and liability of transferees or obligees, time limitations for bringing actions, location of debtors, principles of law and equity, and modifications to the Electronic Signatures in Global and National Commerce Act.
Whom does it apply to?
All individuals or entities involved in the creation, granting, assignment, surrender, or declaration of any estate or interest in land, trust or power over or concerning lands; parties involved in contracts for the leasing or sale of lands; parties involved in contracts for the sale of lands between the owner and broker or agent; parties involved in agreements that must be in writing to be valid; parties involved in the sale of goods at public auction; parties involved in contracts for motion picture films; parties involved in the assignment of wages by the head of a family; creditors seeking relief under the Uniform Voidable Transactions Act; parties involved in series organizations and protected series under the Nebraska Revised Statutes
What does it govern?
Creation, granting, assignment, surrender, or declaration of any estate or interest in land, trust or power over or concerning lands; contracts for the leasing or sale of lands; specific performance of contracts for the lease or sale of lands; contracts for the sale of lands between the owner and broker or agent; agreements that must be in writing to be valid; goods sold at public auction; deposit or advance of money on contracts for motion picture films; assignment of wages by the head of a family; fraudulent and voidable transactions; remedies available to a creditor under the Uniform Voidable Transactions Act; definitions and terms used in the Uniform Voidable Transactions Act; insolvency and value under the Uniform Voidable Transactions Act; defenses, liability, and protection of transferee or obligee under the Uniform Voidable Transactions Act; time for bringing action under the Uniform Voidable Transactions Act; location of debtor under the Uniform Voidable Transactions Act; organization and operation of series organizations and protected series under the Nebraska Revised Statutes; principles of law and equity supplementing the Uniform Voidable Transactions Act; application and construction of the Uniform Voidable Transactions Act; modification of the Electronic Signatures in Global and National Commerce Act by the Uniform Voidable Transactions Act
What are exemptions?
Leases with a term of one year from the making thereof; exceptions to the statute of frauds for resulting and constructive trusts; certain payroll deductions for assignments of wages by the head of a family; certain types of transfers under the Uniform Voidable Transactions Act, such as those resulting from lease termination or enforcement of a security interest
What are the Penalties?
No specific penalties are mentioned in these documents.
Jurisdiction
Nebraska