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Form a Business

Profit, defined.

Neb. Rev. Stat. § 9-414
in effect
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9-414. Profit, defined. Profit shall mean the gross proceeds less reasonable sums necessarily and actually expended for prizes, taxes, and allowable expenses. Laws 1986, LB 1027, § 135.
Source: Nebraska Legislature (nebraskalegislature.gov)URL: https://nebraskalegislature.gov/laws/statutes.php?statute=9-414Fetched: 10/20/2026

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