There Is a Newer Version of this Statute
  1. 2025 Nebraska Rev. Stat.
  2. 2024 Nebraska Rev. Stat.
  3. 2023 Nebraska Rev. Stat.
  4. 2021 Nebraska Rev. Stat. (here)
  5. View All Versions
View Our Newest Version Here

2021 Nebraska Revised Statutes
Chapter 77 - Revenue and Taxation
77-2393 - Withdrawal of securities; when; effect.

Universal Citation:
NE Code § 77-2393 (2021)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.
Previous Next

77-2393. Withdrawal of securities; when; effect.

A bank, capital stock financial institution, or qualifying mutual financial institution which has furnished securities pursuant to the Public Funds Deposit Security Act may withdraw all or any part of such securities upon repayment to the custodial official, director, or administrator, as applicable, of the amount of the securities thus withdrawn, and thereupon the custodial official, director, or administrator, as applicable, shall be empowered to assign such securities to the owner thereof. All interest coupons attached to securities furnished under the act shall be detached by the holder or qualified trustee thirty days before maturity and returned to such bank, capital stock financial institution, or qualifying mutual financial institution.

Source

  • Laws 1996, LB 1274, § 8;
  • Laws 2001, LB 362, § 88;
  • Laws 2021, LB66, § 2.
  • Effective Date: April 1, 2021

Previous Next
Disclaimer: These codes may not be the most recent version. Nebraska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.