Neb. Rev. Stat. § 8-312

This is the official text of Neb. Rev. Stat. § 8-312, 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 8-312

Official statutory text

If the association has funds applicable for withdrawals and more than needed to retire the shares of members who have given written notice of an intention to withdraw, the directors may, if in their discretion it shall be for the best interests of the association, retire any unpledged shares by enforcing withdrawals of the same, subject to the approval and consent of the Department of Banking and Finance, and the owner or owners shall be paid the full credit value of such shares, which shall be the total of payments and dividends credited thereon less prior withdrawals, if any.

Laws 1899, c. 17, § 3, p. 86;

R.S.1913, § 488;

Laws 1919, c. 190, tit. V, art. XIX, § 4, p. 725;

C.S.1922, § 8086;

C.S.1929, § 8-304;

Laws 1941, c. 12, § 1, p. 85;

C.S.Supp.,1941, § 8-304;

R.S.1943, § 8-312.

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.