Each officer, director, employee, or agent of a digital asset depository, following written notice from the director, is subject to removal upon order of the director if such officer, director, employee, or agent knowingly, willfully, or negligently: (1) Fails to perform any duty required by the Nebraska Financial Innovation Act or other applicable law; (2) Fails to conform to any order or rules and regulations of the director; or (3) Endangers the interest of a customer or the safety and soundness of the digital asset depository.
Neb. Rev. Stat. § 8-3030
Digital asset depository; officer, director, employee, or agent; removal; grounds
Laws 2021, LB649, § 30; Laws 2023, LB92, § 41.
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.