{"data":{"id":"us-ne/neb.-u.c.c.-1-204","jurisdiction":"us-ne","citation":"Neb. U.C.C. § 1-204","heading":"Value.","body":"Except as otherwise provided in articles 3, 4, 5, and 12, a person gives value for rights if the person acquires them:\n(1) in return for a binding commitment to extend credit or for the extension of immediately available credit, whether or not drawn upon and whether or not a charge back is provided for in the event of difficulties in collection;\n(2) as security for, or in total or partial satisfaction of, a preexisting claim;\n(3) by accepting delivery under a preexisting contract for purchase; or\n(4) in return for any consideration sufficient to support a simple contract.","path":["Uniform Commercial Code","Article 1"],"source_url":"https://nebraskalegislature.gov/laws/ucc.php?code=1-204","current_through":"Laws 2026","vintage":"","retrieved_at":"2026-09-17T21:01:12Z","sha256":"a2f96d0277c24a9590b6aedf59c3075082568d2b44df44abcef7e7a6ee58ae80","source_id":"us-ne","stale":false,"prev":"us-ne/neb.-u.c.c.-1-203","next":"us-ne/neb.-u.c.c.-1-205"},"notice":"GroundRules: Original legal text. Not legal advice."}