2006 Nebraska Revised Statutes - § 45-704 — Registration required; registration statement; fee; procedure; renewal.
Section 45-704Registration required; registration statement; fee; procedure; renewal.
(1) Notwithstanding any other provision of the Mortgage Bankers Registration and Licensing Act, no person exempt from licensing under subdivisions (1)(h) through (1)(j) of section 45-703 shall act as a mortgage banker or engage in the mortgage banking business until such person has registered with the department.
(2) Any person required to register pursuant to subsection (1) of this section shall submit to the department a registration statement on forms provided by the department. The forms shall contain such information as the department may prescribe as necessary or appropriate, including, but not limited to, (a) all addresses at which business is to be conducted, (b) the names and titles of each director and principal officer of the business, and (c) a description of the activities of the applicant in such detail as the department may require.
(3) The registration statement required in subsection (2) of this section shall be accompanied by a registration fee of two hundred dollars.
(4) The department shall acknowledge the registration by issuing to the registrant a receipt or other form of acknowledgment.
(5) A registration under this section shall not be assignable.
(6) After original registration, all registrations shall remain in full force and effect until the next succeeding March 1. Thereafter, a registration under this section may be renewed on an annual basis for a renewal fee of one hundred dollars.
(7) If a registrant fails to renew his, her, or its registration as required by this section and does not voluntarily surrender the registration by delivering to the director written notice of the surrender, the department may issue a notice of expiration of the registration.
Source:
- Laws 1989, LB 272, § 7
Laws 1999, LB 396, § 32
Laws 2003, LB 218, § 2
Laws 2005, LB 533, § 51
~Revised Statutes Supplement, 2006
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