reglab/housing_qa huggingface dataset:
NE Code § 8-1601 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1601 - Terms, defined.

8-1601.  Terms, defined.For purposes of sections 8-1601 to 8-1605, unless the context otherwise requires:(1) Bank has the same meaning as in section 8-909;(2) Bank holding company has the same meaning as in section 8-909;(3) Bankers bank means a bank formed pursuant to section 8-1602;(4) Department means the Department of Banking and Finance;(5) Foreign bank holding company has the same meaning as out-of-state bank holding company in section 8-909;(6) Foreign bankers bank means a bank which is chartered in a foreign state and which is:(a) Insured by the Federal Deposit Insurance Corporation;(b) Owned substantially by banks in the state in which the bank was chartered; and(c) Directly and through its subsidiaries engaged exclusively in providing services for other banks and their officers, directors, and employees;(7) Foreign state means any state of the United States other than the State of Nebraska, any territory of the United States, Puerto Rico, Guam, American Samoa, the Trust Territory of the Pacific Islands, the Virgin Islands, or the District of Columbia; and(8) Owned substantially means at least eighty percent of the outstanding voting stock is owned.Source   Laws 1986, LB 1123, § 1;  Laws 1999, LB 396, § 15;  Laws 2006, LB 876, § 21.
NE Code § 8-1602 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1602 - Formation of bankers bank; requirements.

8-1602.  Formation of bankers bank; requirements.A bankers bank may be formed with the approval of the department and subject to requirements and procedures for the issuance of a new bank charter or the transfer of an existing bank charter as provided in the Nebraska Banking Act. A bankers bank shall be a bank which is:(1) Insured by the Federal Deposit Insurance Corporation;(2) Owned substantially by other Nebraska banks, bank holding companies, foreign bank holding companies, or a combination of such entities; and(3) Directly and through all its subsidiaries engaged exclusively in providing services for other banks and their officers, directors, and employees.Source   Laws 1986, LB 1123, § 2;   Laws 1998, LB 1321, § 72;  Laws 1999, LB 396, § 16;  Laws 2006, LB 876, § 22. Cross References  Nebraska Banking Act, see section 8-101.02.
NE Code § 8-1603 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1603 - Provisions applicable.

8-1603.  Provisions applicable.A bankers bank shall be subject to the Nebraska Banking Act and any rules and regulations adopted and promulgated by the department.Source   Laws 1986, LB 1123, § 3;   Laws 1998, LB 1321, § 73;  Laws 2003, LB 217, § 28. Cross References  Nebraska Banking Act, see section 8-101.02.
NE Code § 8-1604 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1604 - Repurchase of capital stock; limitation.

8-1604.  Repurchase of capital stock; limitation.A bankers bank may repurchase, for its own account, shares of its own capital stock, but the outstanding capital stock may not be reduced below the minimum required by law.Source  Laws 1986, LB 1123, § 4.
NE Code § 8-1605 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1605 - Acquisition of stock; limitation.

8-1605.  Acquisition of stock; limitation.A bank may subscribe to, invest in, buy, or own voting stock of one or more bankers banks, foreign bankers banks, bank holding companies, or foreign bank holding companies of such bankers bank or foreign bankers bank in an amount not to exceed five percent of any class of voting stock of each such bankers bank, foreign bankers bank, bank holding company, or foreign bank holding company of such bankers bank or foreign bankers bank. In no event shall such bank's holdings of the stock of a bankers bank, foreign bankers bank, bank holding company, or foreign bank holding company of such bankers bank or foreign bankers bank exceed ten percent of the capital stock and paid-in and unimpaired surplus of the bank holding such stock.Source   Laws 1986, LB 1123, § 5;  Laws 1999, LB 396, § 17;  Laws 2006, LB 876, § 23.
NE Code § 8-1701 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1701 - Code, how cited.

8-1701.  Code, how cited.Sections 8-1701 to 8-1737 shall be known and may be cited as the Commodity Code.Source   Laws 1987, LB 575, § 1;   Laws 1993, LB 283, § 1.
NE Code § 8-1702 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1702 - Definitions, sections found.

8-1702.  Definitions, sections found.For purposes of the Commodity Code, unless the context otherwise requires, the definitions found in sections 8-1703 to 8-1716 shall be used.Source  Laws 1987, LB 575, § 2.
NE Code § 8-1703 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1703 - Board of trade, defined.

8-1703.  Board of trade, defined.Board of trade shall mean any person or group of persons engaged in buying or selling any commodity or receiving the same for sale on consignment, whether such person or group of persons is characterized as a board of trade, exchange, or other form of marketplace.Source  Laws 1987, LB 575, § 3.
NE Code § 8-1704 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1704 - CFTC rule, defined.

8-1704.  CFTC rule, defined.CFTC rule shall mean any rule, regulation, or order of the Commodity Futures Trading Commission in effect on January 1, 2021.Source   Laws 1987, LB 575, § 4;   Laws 1993, LB 283, § 2;  Laws 2011, LB76, § 4;  Laws 2019, LB259, § 6;  Laws 2020, LB909, § 16;  Laws 2021, LB363, § 15.   Effective Date: March 18, 2021
NE Code § 8-1705 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1705 - Commodity, defined.

8-1705.  Commodity, defined.(1) Commodity shall mean, except as otherwise specified by the director by rule, regulation, or order:(a) Any agricultural, grain, or livestock product or byproduct;(b) Any metal or mineral, including a precious metal;(c) Any gem or gemstone, whether characterized as precious, semi-precious, or otherwise;(d) Any fuel, whether liquid, gaseous, or otherwise;(e) Any foreign currency; and(f) All other goods, articles, products, or items of any kind.(2) Commodity shall not include:(a) A numismatic coin, the fair market value of which is at least fifteen percent higher than the value of the metal it contains;(b) Real property or any timber, agricultural, or livestock product grown or raised on real property and offered or sold by the owner or lessee of such real property; or(c) Any work of art offered or sold by art dealers at public auction or offered or sold through a private sale by the owner of such work.Source   Laws 1987, LB 575, § 5;   Laws 1993, LB 283, § 3.
NE Code § 8-1706 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1706 - Commodity contract, defined.

8-1706.  Commodity contract, defined.Commodity contract shall mean any account, agreement, or contract for the purchase or sale, primarily for speculation or investment purposes and not for use or consumption by the offeree or purchaser, of one or more commodities, whether for immediate or subsequent delivery or whether delivery is intended by the parties, and whether characterized as a cash contract, deferred shipment or deferred delivery contract, forward contract, futures contract, installment or margin contract, leverage contract, or otherwise. Any commodity contract offered or sold shall, in the absence of evidence to the contrary, be presumed to be offered or sold for speculation or investment purposes.Source   Laws 1987, LB 575, § 6;   Laws 1993, LB 283, § 4.
NE Code § 8-1707 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1707 - Commodity Exchange Act, defined.

8-1707.  Commodity Exchange Act, defined.Commodity Exchange Act shall mean the act of Congress known as the Commodity Exchange Act, 7 U.S.C. 1, as amended on January 1, 2021.Source   Laws 1987, LB 575, § 7;   Laws 1993, LB 283, § 5;  Laws 2011, LB76, § 5;  Laws 2019, LB259, § 7;  Laws 2020, LB909, § 17;  Laws 2021, LB363, § 16.   Effective Date: March 18, 2021
NE Code § 8-1708 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1708 - Commodity Futures Trading Commission, defined.

8-1708.  Commodity Futures Trading Commission, defined.Commodity Futures Trading Commission shall mean the independent regulatory agency established by Congress to administer the Commodity Exchange Act.Source  Laws 1987, LB 575, § 8.
NE Code § 8-1709 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1709 - Commodity merchant, defined.

8-1709.  Commodity merchant, defined.Commodity merchant shall mean any of the following, as defined or described in the Commodity Exchange Act or by CFTC rule:(1) Futures commission merchant;(2) Commodity pool operator;(3) Commodity trading advisor;(4) Introducing broker;(5) Leverage transaction merchant;(6) An associated person of any of the foregoing;(7) Floor broker; and(8) Any other person, other than a futures association, required to register with the Commodity Futures Trading Commission.Source  Laws 1987, LB 575, § 9.
NE Code § 8-1710 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1710 - Commodity option, defined.

8-1710.  Commodity option, defined.Commodity option shall mean any account, agreement, or contract giving a party thereto the right but not the obligation to purchase or sell one or more commodities or one or more commodity contracts, whether characterized as an option, privilege, indemnity, bid, offer, put, call, advance guaranty, decline guaranty, or otherwise, but shall not include an option traded on a national securities exchange registered with the Securities and Exchange Commission.Source  Laws 1987, LB 575, § 10.
NE Code § 8-1711 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1711 - Director, defined.

8-1711.  Director, defined.Director shall mean the Director of Banking and Finance.Source  Laws 1987, LB 575, § 11.
NE Code § 8-1712 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1712 - Financial institution, defined.

8-1712.  Financial institution, defined.Financial institution shall mean a bank, savings institution, or trust company organized under, or supervised pursuant to, the laws of the United States or of any state.Source  Laws 1987, LB 575, § 12.
NE Code § 8-1713 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1713 - Offer, defined.

8-1713.  Offer, defined.Offer shall mean every offer to sell, offer to purchase, or offer to enter into a commodity contract or commodity option.Source  Laws 1987, LB 575, § 13.
NE Code § 8-1714 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1714 - Person, defined.

8-1714.  Person, defined.Person shall mean an individual, a corporation, a partnership, a limited liability company, an association, a joint-stock company, a trust in which the interests of the beneficiaries are evidenced by a security, an unincorporated organization, a government, or a political subdivision of a government, but shall not include a contract market designated by the Commodity Futures Trading Commission or any clearinghouse thereof or a national securities exchange registered with the Securities and Exchange Commission or any employee, officer, or director of such contract market, clearinghouse, or exchange acting solely in that capacity.Source   Laws 1987, LB 575, § 14;   Laws 1993, LB 121, § 104.
NE Code § 8-1715 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1715 - Precious metal, defined.

8-1715.  Precious metal, defined.Precious metal shall mean the following in either coin, bullion, or other form:(1) Silver;(2) Gold;(3) Platinum;(4) Palladium;(5) Copper; and(6) Such other items as the director may specify by rule, regulation, or order.Source  Laws 1987, LB 575, § 15.
NE Code § 8-1716 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1716 - Sale or sell, defined.

8-1716.  Sale or sell, defined.Sale or sell shall mean every sale, contract of sale, contract to sell, or disposition, for value.Source  Laws 1987, LB 575, § 16.
NE Code § 8-1717 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1717 - Sale or purchase of commodity; prohibited; exception.

8-1717.  Sale or purchase of commodity; prohibited; exception.Except as otherwise provided in section 8-1718 or 8-1719, no person shall sell or purchase or offer to sell or purchase any commodity under any commodity contract or under any commodity option or offer to enter into or enter into as seller or purchaser any commodity contract or any commodity option.Source  Laws 1987, LB 575, § 17.
NE Code § 8-1717.01 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1717.01 - Failure to make physical delivery; defense.

8-1717.01.  Failure to make physical delivery; defense.It shall be a defense in any complaint, information, indictment, writ, or proceeding brought under the Commodity Code alleging a violation of section 8-1717 based solely on the failure in an individual case to make physical delivery within the applicable time period under subdivisions (1)(b) and (e) of section 8-1719 if (1) the failure to make physical delivery was due solely to factors beyond the control of the seller, the seller's officers, directors, partners, limited liability company members, agents, servants, or employees, every person occupying a similar status or performing similar functions, every person who directly or indirectly controls or is controlled by the seller or any of them, or the seller's affiliates, subsidiaries, or successors and (2) physical delivery was completed within a reasonable time under the applicable circumstances.Source   Laws 1993, LB 283, § 11;   Laws 1994, LB 884, § 15.
NE Code § 8-1718 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1718 - Transactions; authorized purchaser or seller.

8-1718.  Transactions; authorized purchaser or seller.(1) Section 8-1717 shall not apply to any transaction offered by and in which any of the following persons, or any employee, officer, or director of such person acting solely in that capacity, is the purchaser or seller:(a) A person registered with the Commodity Futures Trading Commission as a futures commission merchant or as a leverage transaction merchant whose activities require such registration;(b) A person registered with the Securities and Exchange Commission as a broker-dealer whose activities require such registration;(c) A person affiliated with, and whose obligations and liabilities under the transaction are guaranteed by, a person referred to in subdivision (1)(a) or (b) of this section;(d) A person who is a member of a contract market designated by the Commodity Futures Trading Commission or any clearinghouse thereof;(e) A financial institution; or(f) A person registered under the laws of this state as a securities broker-dealer whose activities require such registration.(2) This section shall not apply to any transaction or activity which is prohibited by the Commodity Exchange Act or CFTC rule.Source  Laws 1987, LB 575, § 18.
NE Code § 8-1720 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1720 - Commodity merchant; board of trade; requirements.

8-1720.  Commodity merchant; board of trade; requirements.(1) No person shall engage in a trade or business or otherwise act as a commodity merchant unless such person (a) is registered or temporarily licensed with the Commodity Futures Trading Commission for each activity constituting such person as a commodity merchant and such registration or temporary license shall not have expired or been suspended or revoked or (b) is exempt from such registration by virtue of the Commodity Exchange Act or of a CFTC rule.(2) No board of trade shall trade or provide a place for the trading of any commodity contract or commodity option required to be traded on or subject to the rules of a contract market designated by the Commodity Futures Trading Commission unless such board of trade has been so designated for such commodity contract or commodity option and such designation shall not have been vacated, suspended, or revoked.Source  Laws 1987, LB 575, § 20.
NE Code § 8-1721 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1721 - Prohibited acts.

8-1721.  Prohibited acts.(1) No person shall directly or indirectly (a) cheat, defraud, or attempt to cheat or defraud any other person or employ any device, scheme, or artifice to defraud any other person, (b) make any false report, enter any false record, or make any untrue statement of a material fact or omit to state a material fact, (c) engage in any transaction, act, practice, or course of business, including, but not limited to, any form of advertising or solicitation, which operates or would operate as a fraud or deceit upon any person, or (d) misappropriate or convert the funds, security, or property of any other person in or in connection with the purchase or sale of, the offer to sell, the offer to purchase, the offer to enter into, or the entry into of any commodity contract or commodity option subject to section 8-1717 or 8-1718 or subdivision (1)(b) or (d) of section 8-1719.(2) No person shall sell a commodity contract under the terms of which the purchaser, other than a person referred to in section 8-1718 or subdivision (1)(d) of section 8-1719, finances the transaction (a) through a lender affiliated with or related to the seller, (b) through a lender who directly supplies the seller with the contract documents used by the purchaser to evidence the loan and the seller has knowledge of the credit terms and participates in the preparation of the document, (c) through a lender who knowingly participates with the seller in the sale, or (d) under an agreement which conditions the granting of the loan on the purchase of the commodity from a particular seller.Source   Laws 1987, LB 575, § 21;   Laws 1993, LB 283, § 7.
NE Code § 8-1721.01 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1721.01 - Cause of action under commodity contract authorized; exception; statute of limitations; waiver of compliance with code; void.

8-1721.01.  Cause of action under commodity contract authorized; exception; statute of limitations; waiver of compliance with code; void.(1) Any person who violates section 8-1721 shall be liable to the purchaser who may sue either at law or in equity to recover the consideration paid under the commodity contract, including interest paid under a financing agreement in connection with the purchase, costs, and reasonable attorney's fees, less (a) the amount received upon the disposition of the commodity or (b) the value of the commodity on the date of the entry of judgment.(2) Every cause of action under this section shall survive the death of any person who might have been a plaintiff or defendant. No person may sue under this section more than three years after the contract of sale. If the cause of action is not discovered and could not be reasonably discovered within the three-year period, then the action may be commenced within two years from the date of the discovery or from the date of discovery of facts which would reasonably lead to the discovery, whichever is earlier. In no event may a person sue under this section more than five years after the contract of sale.(3) No person who has made or engaged in the performance of any contract in violation of any provision of the Commodity Code or any rule or order under the code or who has acquired any purported right under any such contract with knowledge of the facts by reason of which its making or performance was in violation of the code may base any suit on the contract. Any condition, stipulation, or provision purportedly binding any purchaser to waive compliance with any provision of the code or any rule or order under the code shall be void.Source  Laws 1993, LB 283, § 10.
NE Code § 8-1722 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1722 - Liability; joint and several.

8-1722.  Liability; joint and several.(1) The act, omission, or failure of any official, agent, or other person acting for any individual, association, partnership, limited liability company, corporation, or trust within the scope of his or her employment or office shall be deemed the act, omission, or failure of such individual, association, partnership, limited liability company, corporation, or trust as well as of such official, agent, or other person.(2) Every person who directly or indirectly controls another person liable under any provision of the Commodity Code, every partner, member, officer, or director of such other person, every person occupying a similar status or performing similar functions, and every employee of such other person who materially aids in the violation shall also be liable jointly and severally with and to the same extent as such other person unless the person who is also liable by virtue of this section sustains the burden of proof that he or she did not know and in exercise of reasonable care could not have known of the existence of the facts by reason of which the liability is alleged to exist.Source   Laws 1987, LB 575, § 22;   Laws 1993, LB 121, § 105.
NE Code § 8-1723 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1723 - Securities Act of Nebraska; applicability of code.

8-1723.  Securities Act of Nebraska; applicability of code.Nothing in the Commodity Code shall impair, derogate, or otherwise affect the authority or powers of the director under the Securities Act of Nebraska or the application of any provision of the act to any person or transaction subject to such act.Source  Laws 1987, LB 575, § 23.Cross References  Securities Act of Nebraska, see section 8-1123.
NE Code § 8-1724 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1724 - Code, how construed.

8-1724.  Code, how construed.The Commodity Code may be construed and implemented to effectuate its general purpose to protect investors, to prevent and prosecute illegal and fraudulent schemes involving commodity contracts, and to maximize coordination with federal and other states' law and the administration and enforcement thereof.Source   Laws 1987, LB 575, § 24;   Laws 1993, LB 283, § 8.