Neb. Rev. Stat. § 8-211

This is the official text of Neb. Rev. Stat. § 8-211, part of Nebraska’s Rev. Stat — part of the compiled statutory law of Nebraska, published by the state as "Rev. Stat." Browse the sections below, each linked to its official government source.

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View Statute 8-211

Official statutory text

The required pledges having been made, the Department of Banking and Finance shall issue a receipt and a certificate showing that the trust company has complied with the Nebraska Trust Company Act. Having thus qualified, the trust company may be permitted to act as assignee, receiver, trustee, either by appointment of court or under will, or depository of money in court without bond. Upon presentation of the certificate that the trust company has complied with the act and has made a pledge as provided in section 8-209 , the court or other officer charged with the duty of making such appointment or of approving bonds may, in his or her discretion, make the appointment and permit the trust company to qualify without bond or require such bond as is required from natural persons.

Laws 1919, c. 190, tit. V, art. XVIII, § 11, p. 721;

C.S.1922, § 8073;

C.S.1929, § 8-211;

Laws 1933, c. 18, § 77, p. 175;

C.S.Supp.,1941, § 8-211;

R.S.1943, § 8-211;

Laws 1993, LB 81, § 25;

Laws 1998, LB 1321, § 40.

The fact that trust company has given general bond does not prevent county court from requiring another bond as testamentary trustee. In re Estate of Grainger, 151 Neb. 555, 38 N.W.2d 435 (1949).

The fact that trust company has given general bond does not prevent county court from requiring another bond as testamentary trustee. In re Estate of Grainger, 151 Neb. 555, 38 N.W.2d 435 (1949).

Status: in_force · Read it on the official government site

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