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2017 Nebraska Revised Statutes
Chapter 8 - BANKS AND BANKING
8-229.01 State trust company; merger or consolidation with state bank; procedure.
Universal Citation: NE Code § 8-229.01 (2017)
8-229.01. State trust company; merger or consolidation with state bank; procedure.
Any state trust company, with the approval of the Department of Banking and Finance, may, upon a vote of the holders of at least two-thirds of its capital stock, merge or consolidate with any state bank which has obtained powers to conduct a trust business pursuant to the Nebraska Trust Company Act. The merging trust company must file with the department a certificate of the stockholders of the trust company that the resolution to merge or consolidate has been duly adopted by the holders of at least two-thirds of the capital stock of the trust company.
Source
- Laws 1993, LB 81, § 46;
- Laws 1998, LB 1321, § 50.
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