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2012 Nebraska Revised Statutes
Chapter 8 - BANKS AND BANKING
8-217 - Pledged securities; substitute; when required.

Universal Citation:
NE Code § 8-217 (2012)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.
8-217. Pledged securities; substitute; when required.

If the interest on any security pledged as provided in section 8-209 remains unpaid for thirty days after maturity, the trust company shall substitute other securities therefor.

Source
    Laws 1919, c. 190, tit. V, art. XVIII, § 14, p. 722;
    C.S.1922, § 8076;
    C.S.1929, § 8-214;
    Laws 1933, c. 18, § 80, p. 176;
    C.S.Supp.,1941, § 8-214;
    R.S.1943, § 8-217;
    Laws 1993, LB 81, § 31.

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