Nebraska Revised Statute 8-2725

Chapter 8

8-2725.

License required; liability for money transmission for unlicensed or nonexempt person.

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.