Important Notification! - NDBF Securities Citizenship Verification Process Update

Effective December 2018, a new portal will be available for Investment Advisers and Broker-Dealers to submit information for the citizenship verification process.  Information about the new portal can be found here.

DDS Legislative Changes-LB194

DDS Legislative Changes-LB194

Friday, December 7, 2018

NEBRASKA DELAYED DEPOSIT SERVICES LICENSING ACT

IMPORTANT NOTICE REGARDING LEGISLATIVE CHANGES

EFFECTIVE JANUARY 1, 2019

On April 19, 2018, Nebraska Governor Pete Ricketts approved Legislative Bill 194 ("L.B. 194") which was passed by the Nebraska Unicameral on April 18, 2018. L.B. 194 amended certain provisions of the Delayed Deposit Services Licensing Act, Neb. Rev. Stat. §§ 45-901 to 45-931 ("Act"), which will become effective on January 1, 2019. The revised Act can be found at https://nebraskalegislature.gov.

The Nebraska Department of Banking and Finance ("NDBF") will update current Interpretative Opinions and Frequently Asked Questions providing guidance on the Act on this website on or immediately after the effective date of such changes. Guidance regarding the Act in its current form continues to be available on the NDBF website at https://ndbf.nebraska.gov.

Questions regarding the Act may be directed to the NDBF at dob.consumerfinance@nebraska.gov@nebraska.gov> or by calling (402) 471-2171.