48-504 Bond; amount; conditions; discipline of licensee; Commissioner of Labor; powers. - Nebraska Statutes

48-504. Bond; amount; conditions; discipline of licensee; Commissioner of Labor; powers.The Commissioner of Labor shall require with each application for a license a surety bond in the penal sum of ten thousand dollars. Such bond shall be approved by the commissioner and conditioned that the obligor will not violate any of the duties, terms, conditions, provisions or requirements of sections 48-503 to 48-524. The commissioner is authorized to cause an action or actions to be brought on such bond in the name of the state for any violation of any of its conditions. The commissioner may approve actions on the bond by private parties. He may revoke upon a full hearing any license whenever in his judgment the party licensed shall have violated any of the provisions of said sections. In the prosecution of any inquiry, the commissioner is hereby empowered to administer oaths, subpoena witnesses, take depositions, compel the attendance of witnesses, and the production of books, accounts, papers, records, documents and testimony. SourceLaws 1921, c. 189, § 3, p. 702; C.S.1922, § 7729; C.S.1929, § 48-503; R.S.1943, § 48-504; Laws 1972, LB 1460, § 3; Laws 1977, LB 162, § 3.