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Can you summarize NERS 8-2735?
BANKS AND BANKING > Licensee; notice to director; when; report; contents.
Short Summary
This legal document, sourced from the Nebraska Revised Statutes under the section ‘BANKS AND BANKING’, outlines the obligations of licensees in relation to providing notice to the director and filing reports. Licensees are required to file notice with the director within thirty calendar days of any material change in the information provided in their application. Additionally, licensees must file a report with the director within five business days of becoming aware of certain events, such as bankruptcy filings, receivership, dissolution or reorganization proceedings, license revocation or suspension actions, cancellation of bond or security, or felony charges or convictions of the licensee or authorized delegate. The document does not specify any penalties for non-compliance. Overall, it establishes reporting requirements for licensees and ensures the director is informed of significant changes or events related to their operations.
Whom does it apply to?
Licensees
What does it govern?
Licensee; notice to director; when; report; contents
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No penalties are mentioned.
Jurisdiction
Nebraska