2015 Nebraska Revised Statutes
Chapter 8 - BANKS AND BANKING
8-188 Banks; possession by department; effective upon notice.

NE Code § 8-188 (2015) What's This?

8-188. Banks; possession by department; effective upon notice.

The director, or any deputy or any examiner authorized by the director, may take possession of a bank by handing to the president, cashier or any person in charge of the bank, a written notice that the bank is in the possession of the department.

Source

  • Laws 1925, c. 30, § 2, p. 123;
  • C.S.1929, § 8-183;
  • Laws 1933, c. 18, § 45, p. 159;
  • C.S.Supp.,1941, § 8-183;
  • R.S.1943, § 8-174;
  • Laws 1963, c. 29, § 88, p. 169.

Annotations

  • Under facts in this case, denial of motion for continuance under section 8-195 was not erroneous. Elm Creek State Bank v. Department of Banking, 191 Neb. 584, 216 N.W.2d 883 (1974).

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