Neb. Rev. Stat. §§ 76-3702

Current with changes through the 2024 First Special Legislative Session

Section 76-3702 - [Operative 1/1/2025] Terms, defined

For purposes of the Foreign-owned Real Estate National Security Act:

(1) Nonresident alien means any person who:

(a) Is not a citizen of the United States;

(b) Is not a national of the United States;

(c) Is not a lawful permanent resident of the United States; and

(d) Has not been physically present in the United States for at least one hundred eighty-three days during a three-year period that includes the current year and the two years immediately preceding the current year; and

(2) Restricted entity means:

(a) Any person or entity identified on the sanctions lists maintained by the Office of Foreign Assets Control of the United States Department of the Treasury as such sanctions lists existed on January 1, 2025; or

(b) Any person or foreign government or entity determined by the United States Secretary of Commerce to have engaged in a long-term pattern or serious instances of conduct significantly adverse to the national security of the United States pursuant to 15 C.F.R. 7.4, as such regulation existed on January 1, 2025.

Neb. Rev. Stat. §§ 76-3702

Laws 2024, LB 1301, § 5.

Added by Laws 2024, LB 1301,§ 5, eff. 1/1/2025.