2006 Nebraska Revised Statutes - § 81-885.29 — Findings and determination by commission; license revoked or suspended; when; censure; stay of execution; probation.

Section 81-885.29
Findings and determination by commission; license revoked or suspended; when; censure; stay of execution; probation.

After the hearing the commission shall state in writing, officially signed by the chairperson and attested to by the director, its findings and determination and its order in the matter. If the commission determines that the license holder has been guilty of any violation of the Nebraska Real Estate License Act or the rules and regulations of the commission, his or her license shall be revoked or suspended forthwith or the commission may enter an order censuring the license holder. The execution of a penalty of suspension may be stayed by the commission and the licensee may be placed on probation for the suspension period, after satisfactory completion of which his or her license shall be fully reinstated. Any violation of the act or the rules and regulations by the licensee during the period of probation shall cause the immediate execution of the suspension penalty.

Source:

Laws 1973, LB 68, § 29

Laws 1975, LB 354, § 4

Laws 1983, LB 182, § 23

Laws 1990, LB 350, § 14

Laws 2002, LB 863, § 20

~Reissue Revised Statutes of Nebraska