Current with changes from the 2024 Legislative Session
Section 8-3015 - Digital asset depository; act as; charter to operate; required; application; fee(1) No corporation shall act as a digital asset depository without first obtaining a charter to operate from the director under the Nebraska Financial Innovation Act.(2) The incorporators under section 8-3012 shall apply to the director for a charter. The application shall contain the digital asset depository institution's articles of incorporation, bylaws, a detailed business plan, a comprehensive estimate of operating expenses for the first three years of operation, a complete proposal for compliance with the provisions of the Nebraska Financial Innovation Act, evidence of the capital and surplus required under section 8-3013, and any investors or owners holding ten percent or more equity in the digital asset depository institution. The director may prescribe the form of application.(3) A financial institution may apply to the director for a charter to operate a digital asset depository business as a department. The application shall contain a detailed business plan, a comprehensive estimate of operating expenses for the first three years of operation, and a complete proposal for compliance with the provisions of the Nebraska Financial Innovation Act. The director may prescribe the form of application.(4) Each application for a charter shall be accompanied by an application fee of fifty thousand dollars.Neb. Rev. Stat. §§ 8-3015
Laws 2021, LB 649, § 15; Laws 2023, LB 92, § 29.Amended by Laws 2023, LB 92,§ 29, eff. 6/7/2023, op. 6/7/2023.Added by Laws 2021, LB 649,§ 15, eff. 8/28/2021, op. 10/1/2022.