Nebraska § 44-6115.03 Failure to file application; penalty

Nebraska Statutes

§ 44-6115.03 — Failure to file application; penalty

Nebraska § 44-6115.03

Ch. 44Insurance

This text of Nebraska § 44-6115.03 (Failure to file application; penalty) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 44-6115.03 (2026).

Text

Any person who fails to file an application for acquisition and obtain the prior approval of the director as required by section  44-6115  may be required by the director, after notice and hearing, to pay an administrative penalty of one hundred dollars for each day's delay not to exceed an aggregate penalty of ten thousand dollars. The director may reduce the penalty if the person demonstrates to the director that the imposition of the penalty would constitute a financial hardship to the person.

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Any person who fails to file an application for acquisition and obtain the prior approval of the director as required by section 44-6115 may be required by the director, after notice and hearing, to pay an administrative penalty of one hundred dollars for each day's delay not to exceed an aggregate penalty of ten thousand dollars. The director may reduce the penalty if the person demonstrates to the director that the imposition of the penalty would constitute a financial hardship to the person.