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Banking Commerce and Insurance 

Real estate brokers may form business corporations

May 11, 2011March 11, 2013 admin Sen. Chris Langemeier, LB315

Senators gave final approval May 11 to a bill that exempts realtors from the Nebraska Professional Corporation Act.

Sponsored by Schuyler Sen. Chris Langemeier, LB315 allows a designated broker under the Nebraska Real Estate License Act to be organized as a business corporation.

The bill passed on a 42-0 vote.

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