Nebraska License Law
A Nebraska real estate licensee who is also a member of the National Association of REALTORS (NAR) is subject to:
AOnly NAR's Code of Ethics — Nebraska state law does not apply to NAR members
BBoth Nebraska's real estate license law and NAR's Code of Ethics✓ Correct
COnly Nebraska state law — NAR has no authority in Nebraska
DFederal real estate regulations that override state law
Explanation
REALTOR members are bound by both Nebraska state licensing law AND NAR's Code of Ethics (enforced by local boards). The two systems operate in parallel — ethics violations can result in board discipline AND NREC discipline.
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