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Nebraska Revised Statutes

Neb. Rev. Stat. § 9-505 (2026)

Expenses, defined

✓ current as of July 2026
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Expenses shall mean (1) all costs associated with the purchasing, printing, or manufacturing of any items to be used or distributed in the lottery or raffle, (2) all office or clerical expenses in connection with the lottery or raffle, (3) all promotional expenses, (4) all salaries of persons employed to operate, conduct, or supervise any lottery or raffle, (5) any rental or lease expense, and (6) any fee or commission paid to any person associated with the lottery or raffle.

Notes of Decisions
Cited in 5 cases, 1972–2009 · leading case: Schmode's, Inc. v. Wilkinson, 361 N.W.2d 557 (Neb. 1985).
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Schmode's, Inc. v. Wilkinson, 361 N.W.2d 557 (Neb. 1985). · cites it 5× “§ 9-505(2) (Reissue 1980) provides in relevant part: In any other case involving consumer goods or any other collateral a secured party in possession may, after default, propose to retain the collateral in satisfaction of the obligation.”
Risor v. Nebraska Boiler, 765 N.W.2d 170 (Neb. 2009). “§ 9-505 (LexisNexis 2008); Mo. Ann. Stat.”
Kearney State Bank & Trust Co. v. Scheer-Williams, 428 N.W.2d 888 (Neb. 1988). · cites it 4× “this Part and except as limited by subsection (3) those provided in the security agreement____ (3) To the extent that they give rights to the debtor and impose duties on the secured party, the rules stated in the subsections referred to below may not be waived or varied except…”
Transamerica Commerical Fin. Corp. v. Rochford, 509 N.W.2d 214 (Neb. 1993). “§ 9-505(2) (Reissue 1992) or sell, lease, or otherwise dispose of the collateral pursuant to Neb.”
United States v. Pirnie, 339 F. Supp. 702 (D. Neb. 1972). “As an indication of this, § 9-505(1) of the Uniform Commercial Code requires that goods under certain conditions must be sold within 90 days.”
— Neb. Rev. Stat. § 9-505(1) — 1 case
United States v. Pirnie, 339 F. Supp. 702 (D. Neb. 1972). “As an indication of this, § 9-505(1) of the Uniform Commercial Code requires that goods under certain conditions must be sold within 90 days.”
— Neb. Rev. Stat. § 9-505(2) — 2 cases
Schmode's, Inc. v. Wilkinson, 361 N.W.2d 557 (Neb. 1985). “§ 9-505(2) (Reissue 1980) provides in relevant part: In any other case involving consumer goods or any other collateral a secured party in possession may, after default, propose to retain the collateral in satisfaction of the obligation.”
Transamerica Commerical Fin. Corp. v. Rochford, 509 N.W.2d 214 (Neb. 1993). “§ 9-505(2) (Reissue 1992) or sell, lease, or otherwise dispose of the collateral pursuant to Neb.”
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