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Notice of exemption - Nebraska Department of Banking and Finance

Notice of exemption - Nebraska Department of Banking and Finance 2025

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The document is a Notice of Exemption from the Nebraska Seller-Assisted Marketing Plan Act, allowing a seller to claim exemption by providing their business details and compliance with federal disclosure requirements. It includes sections for the seller's name, business name, address, telephone number, and a description of the franchise business, along with a filing fee of $100.

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What is a Nebraska franchise notice of exemption?

The Nebraska Franchise Notice of Exemption is a one-time filing and does not require renewal. Amendments to the seller or filers contact information may be made by submitting an updated Nebraska Franchise Notice of Exemption to the Bureau of Securities. Such amendments do not require payment of a fee.

What is the large franchisor exemption in Indiana?

Seasoned or Large Franchisor Exemption In Indiana, the net worth standard is $5 million or $1 million if a corporation owning at least 80% of the franchisor has a net worth of $5 million. Ind. Code Ann. 23-2-2.5-3(1).

Is Nebraska a franchise registration state?

Nebraska is a franchise filing state, not a registration state. Prior to offering or selling a franchise in Nebraska, you must file a notice with the State of Nebraska Department of Banking and Finance, Bureau of Securities.

What does a franchise state mean?

The Franchise Registration States are states that, in addition to the Federal Franchise Laws, have issued supplemental franchise laws and require franchisors to register their Franchise Disclosure Document (FDD) with a local state regulator before offering or selling a franchise within the state.