Nebraska Franchise Laws
Nebraska is a state that combines federal oversight for franchise sales with strong state-level laws governing the ongoing franchise relationship. While that’s good, if you’re buying a franchise in Nebraska, I highly recommend hiring Nebraska Franchise Attorneys.
And while it is not a full registration state, it does require franchisors to make a one-time notice filing with the Department of Banking and Finance. For the sales process itself, franchisors must comply with the Federal Trade Commission’s (FTC) Rule, which ensures prospective buyers receive a comprehensive Franchise Disclosure Document (FDD).
The most significant aspect of Nebraska’s law is the Franchise Practices Act (NFPA).
This powerful “relationship law” regulates the franchise agreement after the sale. The NFPA requires franchisors to have “good cause” to terminate a franchise or refuse to renew it.
Furthermore, it mandates that franchisors provide 60 days’ written notice before termination, which must outline the reasons for the action. This notice period typically gives the franchisee an opportunity to cure the default, providing a crucial layer of security against arbitrary or unfair contract termination.
Here is a list of franchise lawyers to hire in Nebraska
Michael T. Eversden / McGrath North
1601 Dodge Street, Suite 3700
Omaha, Nebraska
Gary R. Batenhorst
Sterling Ridge
12910 Pierce Street, Suite 200
Omaha, Nebraska
Katie A. Glissman
Abrahams Kaslow & Cassman LLP
8712 West Dodge Road, Suite 300
Omaha, Nebraska
