Section 53-2-003 - Petition Consideration and Disposition003.01 Within sixty (60) days after submission of a petition, the agency shall: 003.01A Deny the petition in writing, stating its reasons therefor;003.01B Initiate rulemaking or regulation making proceedings in accordance with the Administrative Procedure Act;003.01C If otherwise lawful, adopt a rule or regulation.53 Neb. Admin. Code, ch. 2, § 003