2021 Nebraska Revised Statutes
Chapter 8 - Banks and Banking
8-3025 - Charter or authority; suspend or revoke; grounds.
8-3025. Charter or authority; suspend or revoke; grounds.
The director may suspend or revoke the charter or authority of a digital asset depository if, after notice and opportunity for a hearing, the director determines that:
(1) The digital asset depository has failed or refused to comply with an order issued under section 8-1,136, 8-2504, or 8-2743;
(2) The application for a charter or authority contained a materially false statement, misrepresentation, or omission; or
(3) An officer, a director, or an agent of the digital asset depository, in connection with an application for a charter or authority, an examination, a report, or other document filed with the director, knowingly made a materially false statement, misrepresentation, or omission to the department, the director, or the duly authorized agent of the department or director.
Source
- Laws 2021, LB649, ยง 25.
- Operative Date: October 1, 2021
