Neb. Rev. Stat. § 8-324

This is the official text of Neb. Rev. Stat. § 8-324, 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 8-324

Official statutory text

Any association, at the discretion of its officers and directors, and with the consent and approval of the Department of Banking and Finance, may accept its stock at the withdrawal value of such shares, to apply on the purchase at its fair market value, of any real estate owned by such association, or to apply in payment or reduction of any loans or contracts of sale on which, in the judgment of the officers and directors, there may be an eventual loss, whether or not notice for withdrawal of such shares shall have been filed, and such action shall not be considered prejudicial to the rights of any stockholders to whom payment on withdrawal notices is being delayed.

Laws 1933, c. 25, § 1, p. 199;

Laws 1935, c. 14, § 3, p. 86;

Laws 1937, c. 14, § 1, p. 120;

Laws 1941, c. 90, § 32, p. 359;

C.S.Supp.,1941, § 8-309;

Laws 1943, c. 14, § 1(6), p. 80;

R.S.1943, § 8-324.

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.