Nebraska § 8-2730 - Licensee; net worth requirements.
Full text of Nebraska Revised Statutes of Nebraska § 8-2730 — Licensee; net worth requirements., with citation guidance and answers to common questions.
§ 8-2730. Licensee; net worth requirements.
(1) A licensee shall maintain at all times a net worth of the greater of one hundred thousand dollars or three percent of the licensee's total assets for the first one hundred million dollars, two percent of additional assets for over one hundred million dollars to one billion dollars, and one-half percent of additional assets for over one billion dollars.
(2) Net worth shall be demonstrated at initial application by the applicant's most recent audited or, if allowed by the director, unaudited financial statements provided pursuant to subdivision (2)(f) of section 8-2711.
(3) Notwithstanding subsections (1) and (2) of this section, the director shall have the authority, for good cause shown, to exempt any applicant or licensee, in part or in whole, from the requirements of subsections (1) and (2) of this section.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 8-2730
What does Revised Statutes of Nebraska § 8-2730 cover?
Section 8-2730 ("Licensee; net worth requirements.") is part of the Revised Statutes of Nebraska, the codified statutory law of Nebraska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nebraska § 8-2730?
A common citation format is "Revised Statutes of Nebraska § 8-2730" (Nebraska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nebraska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nebraska official source linked on this page or consult a licensed Nebraska attorney.
How does Nebraska § 8-2730 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nebraska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nebraska.