Nebraska Statutes 45-191.03. Prohibited acts; violations; penalties
(1) A loan broker who fails to make accurate and timely filings as required by section 45-191.02 shall be guilty of a Class I misdemeanor.
Attorney's Note
Under the Nebraska Statutes, punishments for crimes depend on the classification. In the case of this section:| Class | Prison | Fine |
|---|---|---|
| Class IV felony | up to 2 years | up to $10,000 |
| Class I misdemeanor | up to 1 year | up to $1,000 |
(2) A loan broker who willfully violates subdivision (1) of section 45-191 shall be guilty of:
(a) A Class IV felony if the advance fee assessed or collected is greater than three hundred dollars; or
(b) A Class I misdemeanor if the advance fee assessed or collected is three hundred dollars or less.
(3) A willful violation of any other provision of sections 45-189 to 45-191.11 by a loan broker shall be a Class IV felony.