Neb. Rev. Stat. § 8-701

This is the official text of Neb. Rev. Stat. § 8-701, 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 8-701

Official statutory text

For purposes of sections 8-701 to 8-709 , banking institution means any bank, stock savings bank, mutual savings bank, building and loan association, digital asset depository institution under the Nebraska Financial Innovation Act, or savings and loan association, which is now or may hereafter be organized under the laws of this state.

Laws 1935, c. 8, § 1, p. 72;

C.S.Supp.,1941, § 8-401;

R.S.1943, § 8-701;

Laws 2003, LB 217, § 15;

Laws 2005, LB 533, § 21;

Laws 2017, LB140, § 138;

Laws 2021, LB649, § 45.

Nebraska Financial Innovation Act, see section 8-3001 .

A state bank which becomes a member of Federal Deposit Insurance Corporation thereby becomes an instrumentality of the United States, and federal statute forbidding embezzlement of funds of member bank applies to officer of such bank. United States v. Doherty, 18 F.Supp. 793 (D. Neb. 1937), affirmed, 94 F.2d 495 (8th Cir. 1938).

A state bank which becomes a member of Federal Deposit Insurance Corporation thereby becomes an instrumentality of the United States, and federal statute forbidding embezzlement of funds of member bank applies to officer of such bank. United States v. Doherty, 18 F.Supp. 793 (D. Neb. 1937), affirmed, 94 F.2d 495 (8th Cir. 1938).

Status: in_force · Read it on the official government site

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