Whenever any bank shall desire to go into voluntary liquidation, it shall first obtain the written consent of the director who may, before granting such request, order a special examination of the affairs of such bank, for which the same fees may be collected as in regular examination. Source: Laws 1909, c. 10, 34, p. 83; R.S.1913, 313; Laws 1919, c. 190, tit. V, art. XVI, 34, p. 699; C.S.1922, 8014; C.

This provision, found in the Nebraska Revised Statutes under the section on Banks and Banking, outlines the procedure for voluntary liquidation of a bank. According to the document, any bank can choose to liquidate by fully paying off all its depositors. The bank must file a certified statement with the department, confirming that all liabilities have been settled and providing the names of its stockholders along with the amount of stock held by each.

This legal provision, found in the Nebraska Revised Statutes under the section on Banks and Banking, pertains to the voluntary surrender of a bank’s affairs and assets to the Department of Banking and Finance. According to the provision, a bank can place itself under the control of the department by posting a notice on its door. Once the notice is posted or the department or a financial institution examiner takes possession of the bank, all of its assets immediately come under the possession of the department.

This legal document, part of the Nebraska Revised Statutes governing banks and banking, grants the Department of Banking and Finance the authority to take possession of the property and business of a bank under certain circumstances. The department can conduct the affairs of the bank and retain possession of all money, rights, credits, assets, and property belonging to the bank. The circumstances under which the department can take possession include situations where the bank’s capital is impaired, the bank is conducting business in an unsafe or unauthorized manner, the bank is endangering the interests of its depositors, or the bank fails to comply with reporting requirements or orders from the director.

The director or any deputy, counsel, or examiner authorized by the director may, on behalf of the department, take possession of a bank by handing to the president, cashier, or any person in charge of the bank, a written notice that the bank is in the possession of the department. Source: Laws 1925, c. 30, 2, p. 123; C.S.1929, 8-183; Laws 1933, c. 18, 45, p. 159; C.S.Supp.,1941, 8-183; R.S.1943, 8-174; Laws 1963, c.

Any officer, director, or employee of a bank who attempts to prevent the department from taking possession of such bank is guilty of a Class I misdemeanor. Source: Laws 1923, c. 191, 14, p. 445; C.S.1929, 8-184; Laws 1933, c. 18, 46, p. 159; C.S.Supp.,1941, 8-184; R.S.1943, 8-175; Laws 1963, c. 29, 89, p. 169; Laws 1977, LB 40, 52; Laws 2017, LB140, 86.

This provision, found in the Nebraska Revised Statutes under the section for Banks and Banking, pertains to situations where a bank refuses or neglects to deliver possession of its affairs, assets, or property to the department or any appointed person. In such cases, the director of the department can apply to the district court for an order placing the department or the appointed person in charge of the bank’s affairs and property.

This legal document, sourced from the Nebraska Revised Statutes, pertains to the possession of property and business of a bank by the department. Upon taking possession, the department is required to immediately notify all banks or trust companies holding or in possession of any assets of the bank. If a bank or trust company is notified or has knowledge of the department’s possession, they will not have a lien or charge for any payment, advance, or liability against the bank’s assets, unless the bank is continued as a going concern.

Upon taking charge of any bank, the director shall cause to be made an inventory in triplicate of all the property, assets, and liabilities of the bank so far as the property, assets, and liabilities of the bank can be ascertained. One copy of the inventory shall be filed with the director, one copy of the inventory retained in the bank, and, after the declaration of insolvency of the bank as provided in section 8-194, one copy of the inventory shall be filed with the clerk of the district court of the county in which the main office of the bank is located.

This legal document, sourced from the Nebraska Revised Statutes, pertains to the redelivery of possession of assets of insolvent banks to their officers, directors, stockholders, or owners. It states that if the aforementioned individuals provide a sufficient bond to the department, conditioned upon the full settlement of the bank’s liabilities within a specified time, and the bond is approved by the director, the department shall turn over all the assets to them.