Intrastate Crowdfunding must be made exclusively through one or more funding portals. Each portal operator must register with NDBF. Currently, there are no registered portal operators in Nebraska.
The portal operator must meet all requirements found in § 8-1111(24) of the Securities Act of Nebraska and in Title 48, Chapter 40 of the Nebraska Administrative Code.
Registration Requirements
- File a statement with NDBF which provides the below information. This requirement may be satisfied by filing a completed Form NPO – Nebraska Portal Operator Registration.
- Documentation that the portal operator is a business entity and authorized to do business in Nebraska;
- A representation that the funding portal is being used to offer and sell securities under the Nebraska Intrastate Crowdfunding exemption; and
- The identity and location of, and contact information for, the portal operator.
- Pay a filing fee of $200.00. The fee is waived for any registered broker-dealer who also serves as a portal operator.