Nebraska § 8-3025 Charter; suspend or revoke; grounds

Nebraska Statutes

§ 8-3025 — Charter; suspend or revoke; grounds

Nebraska·Ch. 8 Banks and Banking

The director may suspend or revoke the charter 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 8-2740 ;

(2)The application for a charter 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, 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.

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The director may suspend or revoke the charter 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 8-2740 ;
(2) The application for a charter 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, 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.

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