Section 45-9-007 - EFFECT OF ORDER007.01 Any holder of an executive officer's license who has had such license revoked with prejudice or suspended shall:007.01A Surrender any other executive officer's licenses held in any Opt-In Bank,007.01B Cease acting as an active executive officer of any Opt-Out Bank where he or she may also be employed, or under contract to serve as, an active executive officer,007.01C Not be eligible to apply for another executive officer's license or to serve as an active executive officer of an Opt-Out Bank, and007.01D Not be eligible to serve as a member of the Board of Directors of any bank.007.02 Any active executive officer of an Opt-Out Bank who has been suspended as an active executive officer shall:007.02A cease acting as an active executive officer in any other bank,007.02B surrender any executive officer's licenses held in any bank, and007.02C not be eligible to serve as an active executive officer of an Opt-Out Bank or to apply for an executive officer's license, and007.02D not be eligible to serve as a member of the Board of Directors of any bank.45 Neb. Admin. Code, ch. 9, § 007
Adopted effective 11/25/2023