Ask Reggi Your Question Now
Can you summarize NERS 8-1,105?
BANKS AND BANKING > Insolvent banks; reorganization or liquidation proceedings; district judge; jurisdiction.
Short Summary
This legal document pertains to the jurisdiction and authority of district judges in Nebraska in proceedings related to the insolvency, liquidation, or reorganization of a bank. According to this document, a district judge has jurisdiction in any county within their judicial district to perform official acts in connection with such proceedings. The judge can exercise this jurisdiction in the same manner and with the same effect as if the matter arose in the county where the judge was appointed. The judge can also perform these acts in chambers, with the same effect as in open court. The document includes annotations that clarify the powers of district judges in chambers and the jurisdiction conferred upon them in relation to the insolvency, liquidation, or reorganization of a bank. No specific exemptions or penalties are mentioned in this document.
Whom does it apply to?
District judges of the district court
What does it govern?
Insolvency, liquidation, or reorganization of a bank
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No penalties are mentioned.
Jurisdiction
Nebraska