Nebraska License Law
A Nebraska broker who operates as a corporation must:
AHave all shareholders hold real estate licenses
BDesignate a licensed broker as the officer responsible for real estate activities✓ Correct
COperate under a DBA name only
DFile separate financial reports with NREC
Explanation
A corporate brokerage must designate a licensed broker as the officer in charge of and responsible for the real estate activities of the corporation. Not all officers or shareholders need to be licensed.
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State-Specific Concepts
License Law
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