2012 Nebraska Revised Statutes
Chapter 45 - INTEREST, LOANS, AND DEBT
45-348 - License; renewal; licensee; duties; fee; voluntary surrender of license.

45-348. License; renewal; licensee; duties; fee; voluntary surrender of license.

(1) Except as provided in subsection (2) of this section, every licensee shall, on or before the first day of October, pay to the director a fee of one hundred fifty dollars for each license held as a license fee for the succeeding year and any processing fee allowed under subsection (2) of section 45-354 and submit such information as the director may require to indicate any material change in the information contained in the original application or succeeding renewal applications, including a copy of the licensee's most recent annual audit.

(2) Licenses which expire on October 1, 2012, shall be renewed until December 31, 2013, upon compliance with subsection (1) of this section. For such renewals, the fee shall be one and three-twelfths of the fees required under subsection (1) of this section. A license renewed on or after January 1, 2013, shall remain in full force and effect until the next succeeding December 31.

(3) A licensee may voluntarily surrender a license at any time by delivering to the director written notice of the surrender. The department shall issue a notice of cancellation of the license following such surrender.

(4) If a licensee fails to renew its license and does not voluntarily surrender the license pursuant to this section, the department may issue a notice of expiration of the license to the licensee in lieu of revocation proceedings.