Neb. Rev. Stat. §§ 8-1710

Current with changes through the 2024 First Special Legislative Session
Section 8-1710 - Commodity option, defined

Commodity option shall mean any account, agreement, or contract giving a party thereto the right but not the obligation to purchase or sell one or more commodities or one or more commodity contracts, whether characterized as an option, privilege, indemnity, bid, offer, put, call, advance guaranty, decline guaranty, or otherwise, but shall not include an option traded on a national securities exchange registered with the Securities and Exchange Commission.

Neb. Rev. Stat. §§ 8-1710

Laws 1987, LB 575, § 10.