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Can you summarize NERS 8-148.07?
BANKS AND BANKING > Bank subsidiary; authorized activities.
Short Summary
A bank subsidiary shall engage in only those activities: (1) Prescribed under subdivision (6) of section 8-101.03; or (2) That its bank shareholder, shareholders, member, members, investor, or investors are authorized to perform under the laws of this state and shall engage in those activities only at locations in this state where the bank shareholder, shareholders, member, members, investor, or investors could be authorized to perform activities. Source: Laws 1995, LB 384, 3; Laws 2000, LB 932, 2; Laws 2017, LB140, 49; Laws 2022, LB707, 13.
Jurisdiction
Nebraska