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2017 Nebraska Revised Statutes
Chapter 8 - BANKS AND BANKING
8-183 National or state bank; conversion, merger, or consolidation; resulting bank; assets; valuation.
Universal Citation: NE Code § 8-183 (2017)
8-183. National or state bank; conversion, merger, or consolidation; resulting bank; assets; valuation.
Without approval by the director, no asset shall be carried on the books of the bank resulting pursuant to section 8-181, when the resulting bank is a state bank, at a valuation higher than that on the books of the converting, merging, or consolidating bank at the time of the examination, by a state or national bank examiner, last occurring before the effective date of the conversion, merger, or consolidation.
Source
- Laws 1951, c. 11, § 1(6), p. 86;
- R.R.S.1943, § 8-165.05;
- Laws 1963, c. 29, § 83, p. 167;
- Laws 2017, LB140, § 78.
- Operative Date: August 24, 2017
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