2017 Nebraska Revised Statutes
Chapter 8 - BANKS AND BANKING
8-1,129 Emergencies; laws applicable.
8-1,129. Emergencies; laws applicable.
(1) Any day on which a financial institution, or any one or more of its offices, is closed during all or any part of its normal business hours pursuant to the authorization granted under sections 8-1,124 to 8-1,129 shall be, with respect to such financial institution or, if not all of its offices are closed, with respect to any office or offices which are closed, a legal holiday for all purposes with respect to any financial institution business of any character. No liability, or loss of rights of any kind, on the part of any financial institution, or director, officer, or employee thereof, shall accrue or result by virtue of any closing authorized by sections 8-1,124 to 8-1,129.
(2) Sections 8-1,124 to 8-1,129 shall be construed and applied as being in addition to, and not in substitution for or limitation of, any other law of this state or of the United States authorizing the closing of a financial institution or excusing delay by a financial institution in the performance of its duties and obligations because of emergencies or conditions beyond its control or otherwise.
Source
- Laws 1971, LB 523, § 6;
- Laws 2017, LB140, § 121.
- Operative Date: August 24, 2017
Cross References
- Bank holidays, see sections 62-301 and 62-301.01.
