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Can you summarize NERS 8-105?
BANKS AND BANKING > Deputies; counsels, examiners, and assistants; salaries; bond or insurance.
Short Summary
This provision, found in the Nebraska Revised Statutes under the section for Banks and Banking, governs the employment of deputies, counsels, examiners, and other assistants by the director of the banking department. The director has the authority to hire individuals necessary to fulfill their duties as required by law. The employment of any person in the department is subject to section 49-1499.07. Deputies and financial institution examiners serve at the will of the director and receive salaries determined by the director and approved by the Governor based on their credentials. Before assuming office, deputies, counsels, examiners, and other assistants must be bonded or insured as required by section 11-201.
Whom does it apply to?
The director of the banking department
What does it govern?
Employment of deputies, counsels, examiners, and other assistants in the banking department
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No penalties are mentioned.
Jurisdiction
Nebraska