This legal document, sourced from the Nebraska Revised Statutes under the section ‘BANKS AND BANKING’, pertains to the closure of financial institutions during emergencies. It states that any day on which a financial institution or any of its offices is closed due to authorized reasons shall be considered a legal holiday for all financial institution business. The document also clarifies that no liability or loss of rights shall occur due to such closures.

This legal document governs the acceptance of investments in savings accounts or shares in the name of fiduciaries such as administrators, personal representatives, custodians, conservators, guardians, trustees, or other fiduciaries for named beneficiaries. The fiduciaries have the power to open, add to, and withdraw from these accounts or purchase and sell shares. They can also vote as members if they own shares. The withdrawal value, earnings, and other rights related to these accounts or shares can be paid or delivered to the fiduciary while they are alive, without any notice to the contrary.

This legal document, governed by the Nebraska Revised Statutes under the section ‘BANKS AND BANKING’, pertains to banks acting as trustees or custodians for retirement plans, medical savings accounts, and health savings accounts. Banks are qualified to act as trustees or custodians under the federal Self-Employed Individuals Tax Retirement Act of 1962 or section 408(a) of the Internal Revenue Code, provided that the funds are invested exclusively in shares or accounts in the bank or other banks.

Any bank may engage, directly or indirectly, in the business of leasing personal property subject to rules and regulations as may be adopted and promulgated by the director. Source: Laws 1977, LB 506, 1; Laws 2017, LB140, 123.

This legal document, part of the Nebraska Revised Statutes governing Banks and Banking, outlines the procedures and powers of the director in cases of violations. The director has the authority to serve a written complaint upon an alleged violator, specifying the violation and ordering necessary corrective action. The alleged violator has the right to request a hearing before the director within ten days of receiving the order. The director conducts a fair hearing, makes findings of fact and conclusions of law, and issues an order to further the purposes of the relevant statutes and regulations.

Any person aggrieved by a final order of the director made pursuant to section 8-1,134 may appeal the order, and the appeal shall be in accordance with the Administrative Procedure Act. Source: Laws 1984, LB 1039, 2; Laws 1988, LB 352, 10; Laws 2017, LB140, 125. Cross References Administrative Procedure Act, see section 84-920.

Whenever it appears to the director that any person has engaged or is about to engage in any act or practice constituting a violation of any provision of Chapter 8 or the Credit Union Act, he or she may bring an action in the name of the director and the department in any court of competent jurisdiction to enjoin any such acts or practices and to enforce compliance with the provisions of Chapter 8 or the Credit Union Act.

The director may refer such evidence as may be available concerning violations of the Nebraska Criminal Code or of any rule and regulation or order under Chapter 8 or under the Credit Union Act to the Attorney General or the proper county attorney. It shall be the duty of each county attorney or the Attorney General to whom the director reports a violation to cause appropriate proceedings to be instituted, if appropriate, without delay.

(1) Any person who violates any of the provisions of a final order issued by the director shall be liable to any person or entity who suffers damage proximately caused by such violation. (2) Any person who knowingly violates any final order issued by the director pursuant to section 8-1,134 is guilty of a Class I misdemeanor. Source: Laws 1984, LB 1039, 5; Laws 2017, LB140, 128.