59-1722.01 Transaction; exemption from act; provisions applicable.

NE Code § 59-1722.01 (2019) (N/A)

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59-1722.01. Transaction; exemption from act; provisions applicable.

Any transaction in which the purchaser makes or will become obligated to make a total initial payment of an amount not exceeding five hundred dollars shall be exempt from the Seller-Assisted Marketing Plan Act, except that such transactions shall be subject to section 59-1751, to subdivision (1)(d) of section 59-1757, and to those provisions in the act regulating or prescribing the use of the phrase buy-back or secured investment or similar phrases as set forth in sections 59-1726 to 59-1728.

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