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§ 25-3308.Registration fee; renewal fee.

Article 33: Nonrecourse Civil Litigation Act · Last amended 2020 · Last verified July 22, 2026

In one sentenceThis section authorizes the Secretary of State to set, collect, and deposit registration and renewal fees for civil litigation funding companies at rates sufficient to cover the cost of administering the Nonrecourse Civil Litigation Act.

Full Text of § 25-3308

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(1) An application for registration or renewal of registration under section 25-3307 shall be accompanied by either an application for registration fee or a renewal of registration fee, as applicable.
(2) The Secretary of State may, by rule and regulation, establish fees for applications for registration and renewals of registration at rates sufficient to cover the costs of administering the Nonrecourse Civil Litigation Act, in the event any
such fees are required. Such fees shall be collected by the Secretary of State and remitted to the State Treasurer for credit to the Secretary of State Cash Fund.

Source

Laws 2010, LB1094, § 8; Laws 2020, LB910, § 10.

Plain-English Summary

Section 25-3308 handles the money side of the registration system set up in section 25-3307. An application for registration or renewal must be accompanied by the applicable fee. The Secretary of State may, by rule and regulation, set those fees at rates sufficient to cover the costs of administering the act, if any such fees are required.

Fees collected under this section go to the Secretary of State, who remits them to the State Treasurer for credit to the Secretary of State Cash Fund, rather than the state’s general fund. That structure ties the cost of running the registration system to the fees the regulated companies themselves pay.

Frequently Asked Questions

Does a civil litigation funding company have to pay a fee to register?

The section contemplates an application fee or renewal fee accompanying the application, with the Secretary of State setting the rate if any such fee is required.

Who sets the amount of the registration or renewal fee?

The Secretary of State, by rule and regulation, at a level sufficient to cover the cost of administering the Nonrecourse Civil Litigation Act.

Where does the fee money go?

The Secretary of State collects it and remits it to the State Treasurer for credit to the Secretary of State Cash Fund.

Can the Secretary of State change the fee amount later?

Yes. The fee is set by rule and regulation, which the Secretary of State can adjust to keep pace with the cost of administering the act.

Is a fee required for both a first-time registration and a renewal?

The section addresses both, referring to an application for registration fee and a renewal of registration fee, as applicable.

Source & verification. Section text and the amendment-history citation are reproduced verbatim from the Nebraska Legislature, Revisor of Statutes, enacted by the Nebraska Legislature. Last verified July 22, 2026. · Official source
Also known as: litigation funding registration fee Nebraskasecretary of state cash fund lawsuit fundingrenewal fee civil litigation funding companyapplication fee lawsuit funding registration