Can you summarize NERS 87-801?
Sections 87-801 to 87-808 shall be known and may be cited as the Financial Data Protection and Consumer Notification of Data Security Breach Act of 2006. Source: Laws 2006, LB 876, 1; Laws 2018, LB757, 6.
Can you summarize NERS 9-1118?
This legal document pertains to the establishment of a list of self-excluded persons from licensed racetrack enclosures in Nebraska. Individuals can request to be placed on the list by filing an application with the commission and agreeing to take personal responsibility for not visiting licensed racetrack enclosures. During the period of self-exclusion, individuals are not eligible to collect winnings or recover losses from any gaming activity at a licensed racetrack enclosure, nor can they be present at such an enclosure.
Can you summarize NERS 9-510?
Any qualifying nonprofit organization may conduct a lottery that has gross proceeds not greater than one thousand dollars. Each chance in such lottery shall have an equal likelihood of being a winning chance. The gross proceeds of the lottery shall be used solely for charitable or community betterment purposes, awarding of prizes, and expenses. No more than one lottery shall be conducted by any qualifying organization within any calendar month. Source: Laws 1977, LB 38, 231; Laws 1978, LB 351, 51; Laws 1979, LB 152, 10; Laws 1983, LB 259, 40; Laws 1984, LB 949, 74; R.
Can you summarize NERS Uniform Commercial Code 4-213?
This legal document governs the medium and time of settlement by a bank. It applies to banks and persons involved in settlement transactions. The document states that the medium and time of settlement may be prescribed by federal reserve regulations, clearinghouse rules, or agreements. In the absence of such prescription, the medium of settlement is cash or credit to an account in a federal reserve bank or specified by the person receiving settlement.
Can you summarize NERS Uniform Commercial Code 4-215?
This legal document, part of the Nebraska Uniform Commercial Code, governs the final payment of items by a payor bank, the process of provisional settlement, and the availability of funds for withdrawal. According to the document, an item is considered finally paid by a payor bank when it is paid in cash, settled without the right to revoke the settlement, or when a provisional settlement is made and not revoked within the permitted time.
Can you summarize NERS Uniform Commercial Code 4-301?
This legal document, part of the Nebraska Uniform Commercial Code, outlines the procedures and requirements for payor banks regarding the settlement, revocation, and recovery of payment for demand items. If a payor bank settles for a demand item other than a documentary draft presented before midnight of the banking day of receipt, it may revoke the settlement and recover the payment by returning the item or sending written notice of dishonor or nonpayment.
Can you summarize NERS Uniform Commercial Code 4-303?
This legal document, part of the Nebraska Uniform Commercial Code, governs the treatment of items subject to notice, stop-payment order, legal process, or setoff, as well as the order in which these items may be charged or certified. It applies to payor banks and their customers. The document states that any knowledge, notice, stop-payment order, or legal process received by the payor bank comes too late to terminate, suspend, or modify the bank’s right or duty to pay an item or charge the customer’s account if certain conditions are met.
Can you summarize NERS Uniform Commercial Code 4-401?
This legal document governs the ability of a bank to charge a customer’s account. According to the document, a bank may charge against the account of a customer for an item that is properly payable from that account, even if it creates an overdraft. An item is considered properly payable if it is authorized by the customer and in accordance with any agreement between the customer and the bank. The document also states that a customer is not liable for an overdraft if they neither signed the item nor benefited from its proceeds.
Can you summarize NERS Uniform Commercial Code 4-403?
This provision, found in the Nebraska Revised Statutes under the Nebraska Uniform Commercial Code, grants customers or authorized persons the right to stop payment of any item drawn on their account or close the account. The order to stop payment or close the account must be provided to the bank in a timely manner, allowing the bank a reasonable opportunity to act on it. If multiple signatures are required to draw on the account, any of the authorized persons may stop payment or close the account.
Can you summarize NERS Uniform Commercial Code 4-404?
A bank is under no obligation to a customer having a checking account to pay a check, other than a certified check, which is presented more than six months after its date, but it may charge its customer’s account for a payment made thereafter in good faith. Source: Laws 1963, c. 544, Art. IV, 4-404, p. 1830.