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Can you summarize NERS 8-115?
BANKS AND BANKING > Banks; digital asset depositories; charter required.
Short Summary
According to the Nebraska Revised Statutes, no corporation is allowed to conduct a bank or digital asset depository in the state of Nebraska without obtaining a charter. The charter must be obtained in accordance with the Nebraska Banking Act or the Nebraska Financial Innovation Act. This requirement ensures that corporations meet the necessary criteria and regulations before engaging in banking or digital asset depository activities in the state. The document does not specify any penalties for non-compliance or violations. However, it is important for corporations to adhere to these charter requirements to operate legally within the state.
Whom does it apply to?
Corporations
What does it govern?
Conducting a bank or digital asset depository in the state of Nebraska
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
Not specified.
Jurisdiction
Nebraska