§ 8-162 — Banks; trust department; separation from other departments; powers; duties.

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Section 8-162
Banks; trust department; separation from other departments; powers; duties.

The trust department of a bank when chartered under sections 8-159 to 8-161 shall be separate and apart from every other department of the bank and shall have all of the powers, duties, and obligations of a trust company provided in the Nebraska Trust Company Act.
Source:
    Laws 1959, c. 19, § 4, p. 144

    Laws 1961, c. 14, § 7, p. 108

    R.R.S.1943, § 8-1,121

    Laws 1963, c. 29, § 62, p. 159

    Laws 1993, LB 81, § 12

    Laws 1998, LB 1321, § 13

Cross References:
    Nebraska Trust Company Act,see section 8-201.01.



~Revised Statutes Cumulative Supplement, 2006