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the Nebraska Revised Statutes
2012 Nebraska Revised Statutes
Chapter 8 - BANKS AND BANKING
8-701 - Banking institution; definition.
Universal Citation:
8-701. Banking institution; definition.
NE Code § 8-701 (2012)
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This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
For purposes of sections 8-701 to 8-709, banking institution shall be construed to mean any bank, stock savings bank, mutual savings bank, building and loan association, or savings and loan association, which is now or may hereafter be organized under the laws of this state.
Source
- Laws 1935, c. 8, § 1, p. 72;
C.S.Supp.,1941, § 8-401;
Laws 2003, LB 217, § 15;
Laws 2005, LB 533, § 21;
R.S.1943, § 8-701.
Annotations
A state bank which becomes a member of Federal Deposit Insurance Corporation thereby becomes an instrumentality of the United States, and federal statute forbidding embezzlement of funds of member bank applies to officer of such bank. United States v. Doherty, 18 F.Supp. 793 (D. Neb. 1937), affirmed, 94 F.2d 495 (8th Cir. 1938).
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