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Current as of January 01, 2024 | Updated by FindLaw Staff
A solar agreement or wind agreement shall run with the land benefited and burdened and shall terminate upon the conditions stated in the solar agreement or wind agreement. The initial term of a solar agreement or wind agreement shall not exceed forty years, except that the parties to a solar agreement or wind agreement may extend or renew the initial term by mutual written agreement. A wind agreement shall terminate if development of a wind energy conversion system has not commenced within ten years after the effective date of the wind agreement, except that this period may be extended by mutual agreement of the parties to the wind agreement.
Cite this article: FindLaw.com - Nebraska Revised Statutes Chapter 66. Oils, Fuels, and Energy § 66-912.01. Solar agreement; wind agreement; initial term; limitation; termination - last updated January 01, 2024 | https://codes.findlaw.com/ne/chapter-66-oils-fuels-and-energy/ne-rev-st-sect-66-912-01/
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 or via Westlaw before relying on it for your legal needs.
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