45-1012. Licensee; service of process.

Obtaining a license constitutes sufficient contact with this state for the exercise of personal jurisdiction over the licensee in any action arising out of the licensee's activity in this state.

Source:Laws 1941, c. 90, § 7, p. 347; C.S.Supp.,1941, § 45-135; R.S.1943, § 45-124; Laws 1983, LB 447, § 68; R.S.1943, (1998), § 45-124; Laws 2001, LB 53, § 40.

Annotations

Service of process upon Director of Banking was proper in action to have installment loan declared void. McNish v. General Credit Corp., 164 Neb. 526, 83 N.W.2d 1 (1957).