48 Neb. Admin. Code, ch. 18, § 009
Current through September 17, 2024
The issuer must establish a separate interest bearing account with a financial institution office located in Nebraska for all funds received from sales of securities under this exemption until at least the minimum amount has been raised. If the minimum amount of funds is not raised within twelve months of the beginning of the offering, then all funds, including any interest thereon, shall be promptly returned to the investors, and the issuer shall immediately notify the Director of such action.
48 Neb. Admin. Code, ch. 18, § 009