54-1,100 Recorded brand; transfer; lien or security interest; notice; effect; fee; effect.
54-1,100. Recorded brand;transfer; lien or securityinterest; notice; effect; fee; effect.Arecorded brand is the property of the person causing such record to be madeand is subject to sale, assignment, transfer, devise, and descent as personalproperty. Any instrument of writingevidencing the sale, assignment, or transfer of a recorded brand shall be effective upon its recording with the NebraskaBrand Committee. No such instrumentshall be accepted for recording if the brand committee has been duly notifiedof the existence of a lien or security interest against livestock owned orthereafter acquired by the owner of such brand by the holder of such lienor security interest. Written notification from the holder of such lien orsecurity interest that the lien or security interest has been satisfied orconsent from the holder of such lien or security interest shall be requiredin order for the brand committee to accept for recording an instrument selling,assigning, or transferring such recorded brand. The fee for recordingsuch an instrument shall be established by the brand committee and shall notbe more than forty dollars. Such instrument shall give notice to all third personsof the matter recorded in the instrument and shall be acknowledgedby a notary public or any other officer qualified under law to administeroaths. SourceLaws 1999, LB 778, § 31; Laws 2002, LB 589, § 4; Laws 2009, LB142, § 1.