{"data":{"id":"us-ne/neb.-rev.-stat.-12-1105","jurisdiction":"us-ne","citation":"Neb. Rev. Stat. § 12-1105","heading":"Neb. Rev. Stat. § 12-1105","body":"Upon the making of a pre-need sale by a pre-need seller when some or all of the proceeds from that sale are required to be placed in trust or a letter of credit or surety bond has been approved in lieu thereof, the pre-need seller in addition to retaining a copy of any written agreement entered into shall prepare and maintain a separate record of each such pre-need sale and the record shall contain the following information:\n\n(1) The name and address of the pre-need purchaser;\n\n(2) The retail sales price of each item purchased in such pre-need sale, exclusive of any interest that may be charged the pre-need purchaser by the pre-need seller;\n\n(3) The date and amount of each payment made by the pre-need purchaser to the pre-need seller, designating such payment as principal or interest and the disposition made by the pre-need seller of each such payment as to whether it was retained in whole or in part by the pre-need seller or deposited in trust and, if deposited in trust, the date of such deposit and the name of the trustee with whom the deposit was made; and\n\n(4) The date of withdrawal and all amounts withdrawn by the pre-need seller pursuant to subsection (2) of section 12-1113 and a designation of the event which permitted such withdrawal.\n\nThe record shall be maintained for inspection purposes by the director for at least one year after the pre-need seller has received all proceeds to which the seller is entitled by reason of the pre-need sale.","path":["NE Code","Chapter 12"],"source_url":"https://nebraskalegislature.gov/laws/statutes.php?statute=12-1105","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:21Z","sha256":"3e8daa2117c3cc3e4ab65ebd596962e43130e49abffd182ac0e4e6c5f2699818","source_id":"us-ne","stale":false,"prev":"us-ne/neb.-rev.-stat.-12-1104","next":"us-ne/neb.-rev.-stat.-12-1106"},"notice":"GroundRules: Original legal text. Not legal advice."}
