Whenever the director deems it expedient, he or she may call a meeting of the stockholders of any bank by sending notice of such meeting to each stockholder five days previous thereto. All necessary expenses incurred in the giving of such notice shall be borne by the bank whose stockholders are required to convene. Source: Laws 1933, c. 18, 41, p. 157; C.S.Supp.,1941, 8-1,126; R.S.1943, 8-1,106; Laws 1963, c. 29, 29, p.

This legal document, found in the Nebraska Revised Statutes under the section on Banks and Banking, authorizes any bank or trust company organized under the laws of Nebraska to become a member of the Federal Reserve Bank of Kansas City and the federal reserve system. As a member, the bank or trust company assumes certain liabilities and powers prescribed by the Federal Reserve Act and its amendments. The document states that while a member, the bank or trust company is subject to examination by the legally constituted authorities and must comply with all provisions of the Federal Reserve Act and regulations made by the Federal Reserve Board.

This legal document governs the operations of banks and banking in Nebraska. It specifies that the available funds of a bank should consist of cash on hand and balances due from other solvent banks. The bank is prohibited from making new loans or dividends if its available funds or reserves are deemed deficient by the director. The department has the power to notify a bank if its available funds, reserves, or capital are deemed deficient or impaired, and the bank is required to make good such deficiencies within the directed time.

This legal document governs the rate of interest, prohibited acts, penalties, and the pledge of letters of credit authorized in the context of banks. It allows banks to pay interest at any rate on deposits, with certain exceptions. Banks are prohibited from paying a greater rate of interest to officers, directors, principal stockholders, or employees than that paid to other depositors. Violators of this provision are guilty of a Class IV felony.

Banks may, by agreement, provide that deposits received under agreement shall be repaid only on presentation of pass books and may require notice to be given before such deposits are repaid. Source: Laws 1963, c. 29, 34, p. 148.

This legal document, part of the Nebraska Revised Statutes governing banks and banking, establishes that all persons, regardless of age, can become depositors in any bank and have the same duties and liabilities regarding their deposits. Depositors can withdraw their deposits through check or other written instruments signed by the depositor, or through various electronic means such as preauthorized direct withdrawal, automatic teller machines, debit cards, transfers by telephone, networks including the Internet, or any electronic terminal or computer.

No officer or employee of any bank shall certify any check drawn upon such bank unless the person, firm, or corporation drawing the check has on deposit with the bank at the time such check is certified an amount of credit, on the depositors’ ledger of such bank, subject to the payment of such check, equal to the amount specified in such check. The amount of such check shall not be recoverable from the payee or holder except in case of fraud.