This provision, found in the Nebraska Revised Statutes under the BANKS AND BANKING section, applies to any bank that fails, neglects, or refuses to make or furnish any report or published statement required by the Nebraska Banking Act. In such cases, the bank is required to pay a penalty of fifty dollars for each day of failure, unless the director extends the filing time. The penalty is payable to the department.

This legal provision governs the preservation and retention of records and files by banks in Nebraska. Banks are generally not required to preserve or keep their records or files for longer than six years after the first day of January of the year following the making or filing of such records or files. However, there are exceptions to this rule. Ledger sheets showing unpaid balances in favor of depositors must not be destroyed unless the bank has remitted such unpaid balances to the State Treasurer in accordance with the Uniform Disposition of Unclaimed Property Act.

No liability shall accrue against any bank destroying any records or files in accordance with sections 8-170 to 8-174. In any cause or proceedings in which any such records or files may be called into question or be demanded of the bank or any officer or employee of the bank, a showing that such records or files have been destroyed in accordance with the terms of sections 8-170 to 8-174 shall be a sufficient excuse for the failure to produce such records or files.

All causes of action against a bank based upon a claim or claims inconsistent with an entry or entries in any bank record or ledger, made in the regular course of business, shall accrue one year after the date of such entry or entries. No action founded upon such a cause shall be brought after the expiration of five years from the date of such accrual. Source: Laws 1949, c. 10, 4, p.

Sections 8-170 to 8-174, so far as may be permitted by the laws of the United States, shall apply to the records and files of national banks. Source: Laws 1949, c. 10, 5, p. 72; R.R.S.1943, 8-1,115; Laws 1963, c. 29, 74, p. 163; Laws 2017, LB140, 71.

This legal provision, found in the Nebraska Revised Statutes under the section on Banks and Banking, pertains to any person who engages in certain fraudulent activities related to the books and records of a bank. The prohibited actions include subscribing to or making false statements or entries in the bank’s books, exhibiting false papers with the intent to deceive bank examiners, failing to make accurate entries in the bank’s records, mutilating or removing bank books or records without consent, and publishing false statements about the bank’s assets or liabilities.

This legal provision, found in the Nebraska Revised Statutes under the section for Banks and Banking, governs the process of consolidation for banks in Nebraska. It states that a bank, in the process of winding up its business for the purpose of consolidating with another financial institution, may transfer its resources and liabilities to the institution with which it is consolidating. However, the consolidation requires the consent of the director. Additionally, the consolidation should not hinder any creditor in collecting their debt against the bank or financial institution, and the claim of any creditor should not be defeated by the consolidation.

According to the Nebraska Revised Statutes, any national bank located and doing business within the State of Nebraska can convert into a state bank or merge/consolidate with a state bank. This conversion or merger requires a vote of at least two-thirds of the capital stock of the state bank. The resulting state bank must meet the requirements of state law for the formation of a new state bank. If the national bank conducts a trust company business within a trust department, the trust department to be converted must also meet the requirements of state law for the formation of a trust company business within a trust department of a state bank.