{"data":{"id":"us-ne/neb.-rev.-stat.-69-2111","jurisdiction":"us-ne","citation":"Neb. Rev. Stat. § 69-2111","heading":"Renegotiation; when; extension; effect.","body":"(1) A renegotiation shall be deemed to occur when an existing consumer rental purchase agreement is satisfied and replaced by a new agreement undertaken by the same consumer. A renegotiation shall be considered a new agreement requiring new disclosures. Renegotiation shall not include:\n(a) The addition or return of property in a multiple-item agreement or the substitution of leased property if in either case the average payment allocable to a payment period is not changed by more than twenty-five percent;\n(b) Deferral or extension of one or more periodic payments or portions of a periodic payment;\n(c) A reduction in charges in the agreement;\n(d) An agreement involving a court proceeding; and\n(e) Any other event described in rules and regulations adopted and promulgated by the department.\n(2) No disclosures shall be required for any extension of a consumer rental purchase agreement.","path":["Chapter 69 - PERSONAL PROPERTY"],"source_url":"https://nebraskalegislature.gov/laws/statutes.php?statute=69-2111","current_through":"Laws 2026","vintage":"","retrieved_at":"2026-10-18T06:03:21Z","sha256":"9d9b5325d1ecb7e27202a0c052d8837e1e607645135ae18f725fe0e684292c8a","source_id":"us-ne","stale":false,"prev":"us-ne/neb.-rev.-stat.-69-2110","next":"us-ne/neb.-rev.-stat.-69-2112"},"notice":"GroundRules: Original legal text. Not legal advice."}