§ 8-118 — Banks; unlawful promotion; sale of stock prior to issuance of charter; penalty.


Section 8-118
Banks; unlawful promotion; sale of stock prior to issuance of charter; penalty.

It shall be unlawful for any person for hire (1) to promote or attempt to promote the organization of a corporation to conduct the business of a bank in this state or (2) to sell the capital stock of such a corporation prior to the issuance of a charter to such corporation authorizing its operation as a bank. Any person violating the provisions of this section shall be guilty of a Class II misdemeanor.


Source:
    Laws 1909, c. 10, § 13, p. 72

    R.S.1913, § 292

    Laws 1919, c. 190, tit. V, art. XVI, § 11, p. 689

    Laws 1921, c. 297, § 3, p. 950

    C.S.1922, § 7992

    Laws 1923, c. 192, § 1, p. 463

    C.S.1929, § 8-122

    Laws 1935, c. 19, § 1, p. 96

    C.S.Supp.,1941, § 8-122

    Laws 1943, c. 19, § 3(4), p. 103

    R.S.1943, § 8-122

    Laws 1959, c. 15, § 6, p. 134

    R.R.S.1943, § 8-122

    Laws 1963, c. 29, § 18, p. 141

    Laws 1967, c. 19, § 5, p. 119

    Laws 1973, LB 164, § 6

    Laws 1977, LB 40, § 40



~Reissue Revised Statutes of Nebraska