Code · Nebraska · Chapter 45 — Interest, Loans, and Debt

45-751. Money collected; disposition.

64 words·~1 min read·/ne/chapter-45/45-751

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)All fees, charges, and costs collected by the department pursuant to the Residential Mortgage Licensing Act shall be remitted to the State Treasurer for credit to the Financial Institution Assessment Cash Fund.

(2)The department shall remit fines collected under the Residential Mortgage Licensing Act to the State Treasurer for distribution in accordance with Article VII, section 5, of the Constitution of Nebraska.