Nebraska Administrative Code
Topic - BANKING AND FINANCE, DEPARTMENT OF
Title 48 - DEPARTMENT OF BANKING AND FINANCE
Chapter 5 - ISSUER-DEALERS
Section 48-5-003 - APPLICATION

Universal Citation: 48 NE Admin Rules and Regs ch 5 ยง 003

Current through March 20, 2024

Applications for initial registration as an issuer-dealer shall be filed with the Director and consist of the following:

003.01 A signed copy of an Application for Registration as Issuer-Dealer ("Application"), together with all applicable schedules and exhibits specified therein complete, accurate and current.;

003.02 A copy of the issuer's most recent financial statements, either audited or signed, under penalty of perjury, by an officer, director, trustee, general partner, or limited liability company managing member attesting that the statements are true and accurate to the best of the signer's knowledge and belief;

003.03 A corporate surety bond in the amount of twenty-five thousand dollars ($25, 000.00), if the issuer's net capital is less than twenty-five thousand dollars ($25, 000.00).

003.03A An issuer-dealer's net worth is computed on the basis of total assets minus total liabilities.

003.03B An issuer-dealer may request a signature bond in lieu of the net worth or surety bond requirement and the Director may allow the issuer-dealer to post the signature bond, if the Director finds that the net worth or the surety bond requirement causes an undue burden upon the issuer-dealer.

003.04 A filing fee of one hundred dollars ($ 100.00) and

003.05 Any other information the Director may require.

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