There Is a Newer Version
of
the Nebraska Revised Statutes
2012 Nebraska Revised Statutes
Chapter 8 - BANKS AND BANKING
8-1605 - Acquisition of stock; limitation.
Universal Citation:
8-1605. Acquisition of stock; limitation.
NE Code § 8-1605 (2012)
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on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
A bank may subscribe to, invest in, buy, or own voting stock of one or more bankers banks, foreign bankers banks, bank holding companies, or foreign bank holding companies of such bankers bank or foreign bankers bank in an amount not to exceed five percent of any class of voting stock of each such bankers bank, foreign bankers bank, bank holding company, or foreign bank holding company of such bankers bank or foreign bankers bank. In no event shall such bank's holdings of the stock of a bankers bank, foreign bankers bank, bank holding company, or foreign bank holding company of such bankers bank or foreign bankers bank exceed ten percent of the capital stock and paid-in and unimpaired surplus of the bank holding such stock.
Source
- Laws 1986, LB 1123, § 5;
Laws 1999, LB 396, § 17;
Laws 2006, LB 876, § 23.
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