54-1803. Purchasing slaughter livestock; unlawful acts.
90 words·~1 min read·
/ne/chapter-54/54-1803A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
After December 25, 1969, it shall be unlawful for any person engaged in the business of purchasing slaughter livestock to:
(1)Purchase slaughter livestock when insolvent; or
(2)Neglect, before the close of the next business day following the purchase of slaughter livestock or within twenty-four hours following the determination of the purchase price, whichever may occur last, to remit to the seller or his representative the full amount of the purchase cost; Provided, that this section does not require payment in lieu of an express agreement to the contrary.