Nebraska Administrative Code
Topic - BANKING AND FINANCE, DEPARTMENT OF
Title 45 - BANKING RULES
Chapter 9 - ACTIVE EXECUTIVE OFFICERS
Section 45-9-010 - APPLICATION OF RULE TO EXISTING LICENSE HOLDERS

Current through March 20, 2024

010.01 The distinctions between Class I Executive Officer's licenses and Class II Executive Officer's licenses are eliminated as of the effective date of this Rule.

010.02 All holders of Class I Executive Officer's licenses and Class II Executive Officer's licenses on the effective date of this Rule will be deemed to be licensed executive officers with no action required by the licensed active executive officer or the Opt-In Bank.

010.03 All applications for Class I and Class II Executive Officer's licenses received and not yet acted upon by the Department as of the effective date of this Rule will be deemed to be applications for an executive officer's license in accordance with this Rule with no action required by the applicant or the Opt-In Bank.

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