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Neb. Rev. Stat. § 8-308

This is the official text of Neb. Rev. Stat. § 8-308, 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 8-308

Official statutory text

Any shareholder of an association shall be permitted to withdraw any or all of the credit value of his or her stock as shown by the books of the association, provided such stock is not pledged as security for a loan, by giving written notice of such intention to the secretary or managing officer of the association, and, at the expiration of thirty days following such notice, the member so withdrawing, or, if deceased, his legal representative, shall be entitled to receive the credit value of the stock at the time such notice was given, together with such proportion of the net profits accruing since the last dividend date, if the bylaws so provide and determine, less the admission fee, if any, or other just and lawful charges; Provided, the right to so withdraw shall not apply to shareholders of an association in process of liquidation.

Laws 1899, c. 17, § 3, p. 85;

R.S.1913, § 488;

Laws 1919, c. 190, tit. V, art. XIX, § 4, p. 724;

C.S.1922, § 8086;

C.S.1929, § 8-304;

Laws 1941, c. 12, § 1, p. 84;

C.S.Supp.,1941, § 8-304;

R.S.1943, § 8-308.

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.