2009 Nebraska Code
Chapter 8 BANKS AND BANKING
8-142 Loans; excessive amount; violations; penalty.

8-142. Loans; excessive amount; violations; penalty.

Any officer, employee, director, or agent of any bank who knowingly violates or knowingly permits a violation of section 8-141 is guilty of:

(1) A Class IV felony when the violation, either separately or as part of one scheme or course of conduct, results in the insolvency of the bank;

(2) A Class I misdemeanor when the violation, either separately or as part of one scheme or course of conduct, (a) results in a monetary loss to the bank of over twenty thousand dollars or (b) exceeds the authorized limit under section 8-141 by forty thousand dollars or more;

(3) A Class II misdemeanor when the violation, either separately or as part of one scheme or course of conduct, (a) results in a monetary loss to the bank of ten thousand dollars or more, but not more than twenty thousand dollars, or (b) exceeds the authorized limit under section 8-141 by twenty thousand dollars or more, but less than forty thousand dollars; or

(4) A Class III misdemeanor when the violation, either separately or as part of one scheme or course of conduct, (a) results in no monetary loss to the bank or a monetary loss to the bank of less than ten thousand dollars, or (b) exceeds the authorized limit under section 8-141 by ten thousand dollars or more, but less than twenty thousand dollars.

Source

Laws 1909, c. 10, § 33, p. 82;
R.S.1913, § 312;
Laws 1919, c. 190, tit. V, art. XVI, § 33, p. 698;
Laws 1921, c. 313, § 1, p. 1002;
C.S.1922, § 8013;
Laws 1923, c. 191, § 45, p. 461;
C.S.1929, § 8-150;
Laws 1933, c. 18, § 33, p. 152;
C.S.Supp.,1941, § 8-150;
Laws 1943, c. 9, § 1(2), p. 68;
R.S.1943, § 8-151;
Laws 1963, c. 29, § 42, p. 152;
Laws 1977, LB 40, § 47;
Laws 2010, LB890, § 2.
Operative Date: July 15, 2010