Information Required for the Change in Ownership of a Pre-need Seller - Nebraska

Information Required for the Change in Ownership of a Pre-need Seller is a legal document that was released by the Nebraska Department of Insurance - a government authority operating within Nebraska.

FAQ

Q: What is a pre-need seller in Nebraska?
A: A pre-need seller in Nebraska is a person or entity that sells or contracts to sell pre-need funeral agreements or merchandise.

Q: What qualifies as a change in ownership of a pre-need seller?
A: A change in ownership occurs when there is a transfer of ownership interest in the pre-need seller, including changes in stock ownership or any other legal or beneficial interest.

Q: What are the requirements for a change in ownership of a pre-need seller in Nebraska?
A: The pre-need seller must provide written notice to the Nebraska Department of Insurance within 10 days of the change in ownership. The notice must include certain information, such as the new owner's name and contact information, the effective date of the change, and the pre-need seller's license number.

Q: Do both parties involved in the change in ownership need to notify the Nebraska Department of Insurance?
A: Yes, both the current owner and the new owner must provide written notice to the Nebraska Department of Insurance.

Q: Is there a fee for submitting the notice of change in ownership?
A: Yes, there is a fee of $100 for submitting the notice of change in ownership.