Any agent, employee, or representative of an investment advisor acting on behalf of a local government investment pool who solicits, purchases, or sells securities or eligible investments on behalf of the local government investment pool shall hold and maintain any license or registration required by federal or state law to solicit, purchase, or sell securities or eligible investments on behalf of a local government investment pool.

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Terms Used In Nebraska Statutes 77-23,114

  • Purchase: shall include taking by sale, discount, negotiation, or any other transaction for value creating an interest in property except liens. See Nebraska Statutes 77-122
  • State: when applied to different states of the United States shall be construed to extend to and include the District of Columbia and the several territories organized by Congress. See Nebraska Statutes 49-801