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Nebraska Revised Statutes

Neb. Rev. Stat. § 9-503 (2026)

Definitions, sections found

✓ current as of July 2026
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For purposes of the Nebraska Small Lottery and Raffle Act, unless the context otherwise requires, the definitions found in sections 9-504 to 9-509 shall be used.

Notes of Decisions
Cited in 12 cases, 1970–2006 · leading case: State v. Trackwell, 458 N.W.2d 181 (Neb. 1990).
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State v. Trackwell, 458 N.W.2d 181 (Neb. 1990). · cites it 6× “The theory upon which the trial court relied to impose criminal liability on defendant is erroneous as a matter of law.”
Pease Ex Rel. Lambert v. Havelock Nat'l Bank, 351 F. Supp. 118 (D. Neb. 1972). · cites it 4× “Nebraska’s statute, § 9-503 of the Uniform Commercial Code, provides that the secured party may regain possession of secured goods upon default with or without process.”
Chadron Energy Corp. v. First Nat'l Bank, 459 N.W.2d 718 (Neb. 1990). “§ 9-503 (Reissue 1980) provides in part that “[ujnless otherwise agreed a secured party has on default the right to take possession of the collateral.”
HOUSTEIN TRUCKING v. Sandhills Beef, Inc., 308 N.W.2d 331 (Neb. 1981). · cites it 2× “Section 9-503 states as follows: “Unless otherwise agreed a secured party has on default the right to take possession of the collateral.”
State v. Hinchey, 374 N.W.2d 14 (Neb. 1985). · cites it 2× “It provides: Unless otherwise agreed a secured party has on default the right to take possession of the collateral. In taking possession a secured party may proceed without judicial process if this can be done without breach of the peace or may proceed by action.”
Bass v. Boetel & Co., 217 N.W.2d 804 (Neb. 1974). · cites it 2× “See § 9-503, U.C.C. How can a rule such as is advocated in the majority opinion be justified? It is said that it prevents violence and therefore is required by public policy.”
United States v. Pirnie, 339 F. Supp. 702 (D. Neb. 1972). · cites it 3× “” Upon default the plaintiff had the right to take possession of the collateral in accordance with § 9-503 of the Uniform Commercial Code. Although no demand was necessary, demand was made a substantial period of time before even the first sale.”
Platte Valley Bank of North Bend v. Kracl, 174 N.W.2d 724 (Neb. 1970). · cites it 3× “§ 9-503, U. C. C. These sections clearly show that an action in replevin when the debtor has defaulted is proper, and allow such a procedure if plaintiff isi in fact a “secured party.”
Lichty v. Fed. Land Bank of Omaha, 467 N.W.2d 657 (Neb. 1991). · cites it 3× “§ 9-503 (Reissue 1980). (1) A secured party after default may sell, lease or otherwise dispose of any or all of the collateral in its then condition or following any commercially reasonable preparation or processing____ (3) Disposition of the collateral may be by public or…”
Transamerica Commerical Fin. Corp. v. Rochford, 509 N.W.2d 214 (Neb. 1993). “§ 9-503 (Reissue 1992). The secured party may then propose to retain the collateral in satisfaction of the debt under Neb.”
Genoa Nat'l Bank v. Sw. Implement, Inc. (In Re Borden), 353 B.R. 886 (Bankr. D. Neb. 2006). “§ 9-503(a)] is also supported by four practical considerations.”
Nebraska State Bank v. Dudley, 229 N.W.2d 559 (Neb. 1975). “” A cause of action accrues against a maker of a time instrument on the day after maturity and no demand is necessary. § 3-122 (1) (a), U.”
— Neb. Rev. Stat. § 9-503(a) — 1 case
Genoa Nat'l Bank v. Sw. Implement, Inc. (In Re Borden), 353 B.R. 886 (Bankr. D. Neb. 2006). “§ 9-503(a)] is also supported by four practical considerations.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.