2012 Nebraska Revised Statutes
Chapter 8 - BANKS AND BANKING
8-177 - Banks; consolidation; approval required; creditors' claims.
Any bank, which is in good faith winding up its business for the purpose of consolidating with some other bank, may transfer its resources and liabilities to the bank with which it is in the process of consolidation, but no consolidation shall be made without the consent of the department, nor shall such consolidation operate to defeat the claim of any creditor or hinder any creditor in the collection of his debt against such banks or either of them.
- Laws 1909, c. 10, § 41, p. 86;
R.S.1913, § 320;
Laws 1919, c. 190, tit. V, art. XVI, § 41, p. 701;
C.S.1922, § 8021;
C.S.1929, § 8-160;
Laws 1933, c. 18, § 36, p. 154;
C.S.Supp.,1941, § 8-160;
R.S.1943, § 8-164;
Laws 1963, c. 29, § 77, p. 164.
Disclaimer: These codes may not be the most recent version. Nebraska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.