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Current as of January 01, 2024 | Updated by Findlaw Staff
Business with which the individual is associated or business association shall mean a business: (1) In which the individual is a partner, limited liability company member, director, or officer; or (2) in which the individual or a member of the individual's immediate family is a stockholder of closed corporation stock worth one thousand dollars or more at fair market value or which represents more than a five percent equity interest or is a stockholder of publicly traded stock worth ten thousand dollars or more at fair market value or which represents more than ten percent equity interest. An individual who occupies a confidential professional relationship protected by law shall be exempt from this section. This section shall not apply to publicly traded stock under a trading account if the filer reports the name and address of the stockbroker.
Cite this article: FindLaw.com - Nebraska Revised Statutes Chapter 49. Law § 49-1408. Business with which the individual is associated or business association, defined - last updated January 01, 2024 | https://codes.findlaw.com/ne/chapter-49-law/ne-rev-st-sect-49-1408/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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