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2013 Nebraska Revised Statutes
Chapter 21 - CORPORATIONS AND OTHER COMPANIES
21-1755 - Central credit union; purchase of credit union.


NE Code § 21-1755 (2013) What's This?

21-1755. Central credit union; purchase of credit union.

With the approval of the department, a central credit union established under section 21-1752 may purchase the assets, assume the liabilities, and accept the membership of a credit union. Such purchase shall be approved by at least a two-thirds majority of the board of directors or the duly appointed trustees of the credit union to be sold.

Source

    Laws 1996, LB 948, § 55;
    Laws 2002, LB 1094, § 11.


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