Can you summarize NERS 28-622?

Short Summary

This legal provision, found in the Nebraska Revised Statutes under the section on Crimes and Punishments, pertains to the offense of unlawful circulation of a financial transaction device in the first degree. It applies to any person who sells or possesses two or more financial transaction devices that they know or reasonably should know to be lost, stolen, forged, altered, counterfeited, or delivered under a mistake as to the identity or address of the account holder. The offense is classified as a Class IIA felony. The provision does not specify any exemptions. It is important to note that this summary is not exhaustive and should be read in conjunction with the complete legal document.

Whom does it apply to?

Any person who sells or possesses two or more financial transaction devices that they know or reasonably should know to be lost, stolen, forged, altered, counterfeited, or delivered under a mistake as to the identity or address of the account holder

What does it govern?

Unlawful circulation of a financial transaction device in the first degree

What are exemptions?

No exemptions are mentioned.

What are the Penalties?

Class IIA felony

Jurisdiction

Nebraska

Source

NERS 28-622 [https://reggi.cloud.regology.com/regulations/US-NERS/US-NERS_C_28_S_622]

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