Key shareholder means any person or group of persons acting in concert owning ten percent or more of any voting class of an applicant‘s stock.

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Terms Used In Nebraska Statutes 8-2712

  • Applicant: means a person filing an application for a license under the Nebraska Money Transmitters Act. See Nebraska Statutes 8-2703
  • Key shareholder: means any person or group of persons acting in concert owning ten percent or more of any voting class of an applicant's stock. See Nebraska Statutes 8-2712
  • Person: means any individual, partnership, limited liability company, association, joint-stock association, trust, or corporation. See Nebraska Statutes 8-2721