{"data":{"id":"us-ne/neb.-rev.-stat.-30-4028","jurisdiction":"us-ne","citation":"Neb. Rev. Stat. § 30-4028","heading":"Neb. Rev. Stat. § 30-4028","body":"Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to tangible personal property authorizes the agent to:\n\n(1) Demand, buy, receive, accept as a gift or as security for an extension of credit, or otherwise acquire or reject ownership or possession of tangible personal property or an interest in tangible personal property;\n\n(2) Sell; exchange; convey with or without covenants, representations, or warranties; quitclaim; release; surrender; create a security interest in; grant options concerning; lease; sublease; or, otherwise dispose of tangible personal property or an interest in tangible personal property;\n\n(3) Grant a security interest in tangible personal property or an interest in tangible personal property as security to borrow money or pay, renew, or extend the time of payment of a debt of the principal or a debt guaranteed by the principal;\n\n(4) Release, assign, satisfy, or enforce by litigation or otherwise, a security interest, lien, or other claim on behalf of the principal, with respect to tangible personal property or an interest in tangible personal property;\n\n(5) Manage or conserve tangible personal property or an interest in tangible personal property on behalf of the principal, including:\n\n(a) Insuring against liability or casualty or other loss;\n\n(b) Obtaining or regaining possession of or protecting the property or interest, by litigation or otherwise;\n\n(c) Paying, assessing, compromising, or contesting taxes or assessments or applying for and receiving refunds in connection with taxes or assessments;\n\n(d) Moving the property from place to place;\n\n(e) Storing the property for hire or on a gratuitous bailment; and\n\n(f) Using and making repairs, alterations, or improvements to the property; and\n\n(6) Change the form of title of an interest in tangible personal property.","path":["NE Code","Chapter 30"],"source_url":"https://nebraskalegislature.gov/laws/statutes.php?statute=30-4028","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:21Z","sha256":"fc361081e1b2562dec65310418995d885ce55d1f42d003637c1201bd525468be","source_id":"us-ne","stale":false,"prev":"us-ne/neb.-rev.-stat.-30-4027","next":"us-ne/neb.-rev.-stat.-30-4029"},"notice":"GroundRules: Original legal text. Not legal advice."}