Pub. 18 2023-2024 Issue 6

RULLCA § 21-186 Amended to expand the scope to which the section applies to include any ancillary service the professional LLC renders. Adds clarification on the accessibility of licensing records of regulating boards and provides a requirement to make such records automated, electronically accessible and verifiable by the Secretary of State.8 RULLCA § 21-118 Amended to expand the scope to which the section applies to include any ancillary service the professional LLC renders. NPCA § 21-2202 Changes the definition of certificate of registration to also include the verification that all directors, officers, shareholders and professional employees listed on the application filed with the Secretary of State, except for the secretary and assistant secretary, are duly licensed or otherwise legally authorized to render the professional service or an ancillary service for which the professional corporation is organized, through the electronic accessing of the regulating board’s licensing records or through compacts or other certifying organizations recognized by the regulatory body by the Secretary of State. 9 NPCA § 21-2216 Removes the residential address filing requirement, requiring only that an address be provided. Amended to expand the scope to which the section applies to include any ancillary service the professional corporation renders. Adds clarification on the accessibility of licensing records of regulating boards and provides a requirement to make such records automated, electronically accessible and verifiable by the Secretary of State.10 LB1074 Legislative Bill 1074 (LB1074) was introduced on Jan. 9, 2024, by Sen. Julie Slama to adopt changes to federal law regarding banking and finance and changing provisions of the Commodity Code, the Credit Union Act and the Securities Act of Nebraska. The bill was introduced at the request of the Nebraska Department of Banking and Finance and was signed into law by Gov. Jim Pillen on April 17, 2024. LB1074 amends several Nebraska statutes and the Uniform Commercial Code by adopting updates that mirror federal law relating to banking and finance. Bills of this nature are commonly introduced to update “wildcard” statutes. State “wildcard” statutes allow state-chartered financial institutions 22 NEBRASKA BANKER

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