Nebraska Administrative Code
Topic - MOTOR VEHICLE INDUSTRY LICENSING BOARD
Title 253 - MOTOR VEHICLE INDUSTRY LICENSING BOARD
Chapter 5 - USE OF DEALER PLATES
Section 253-5-003 - Definition of bona fide employee for the purpose of dealer plate usage
Universal Citation: 253 NE Admin Rules and Regs ch 5 ยง 003
Current through September 17, 2024
A bona fide employee of a licensed dealership is an individual who is:
(1) a salesperson for the dealership,
(2) receives more than half of his or her total income from said dealership, excluding investment, retirement, pension, social security benefits income of payments and,
(3) associated in the regular conduct of the dealership business with regular and reasonable amount of time spent in his or her employment with said dealership.
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