A person shall not engage in the business of money transmission on behalf of a person not licensed under the Nebraska Money Transmitters Act or not exempt from the act pursuant to section 8-2703 . A person that engages in such business and provides money transmission to the same extent as if the unlicensed or nonexempt person were a licensee shall be jointly and severally liable with the unlicensed or nonexempt person.
Neb. Rev. Stat. § 8-2725
License required; liability for money transmission for unlicensed or nonexempt person
Laws 2013, LB616, § 25; Laws 2021, LB363, § 18; Laws 2025, LB474, § 30.
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.