76-1719. Public-offering statement; cases in which not required.
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/ne/chapter-76/76-1719A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A public-offering statement need not be prepared or delivered in the case of:
(1)Any transfer of a time-share interval by any time-share interval owner other than the developer or his or her agent;
(2)Any disposition pursuant to court order;
(3)A disposition by a government or governmental agency;
(4)A disposition by foreclosure or deed in lieu of foreclosure;
(5)A disposition of a time-share interval in a time-share project situated wholly outside this state if all solicitations, negotiations, offerings, and contacts took place wholly outside this state and the contract was executed wholly outside this state;
(6)A gratuitous transfer of a time-share interval; or
(7)Group reservations made for fifteen or more people as a single transaction between a hotel and travel agent or travel groups for hotel accommodations, when deposits are made and held for more than three years in advance.