reglab/housing_qa huggingface dataset:
NE Code § 8-2308 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-2308 - Out-of-state trust company with instate branch trust office; representative trust offices; authorized; when.

8-2308.  Out-of-state trust company with instate branch trust office; representative trust offices; authorized; when.An out-of-state trust company which has established and maintains at least one branch trust office in this state pursuant to the Interstate Trust Company Office Act may establish and maintain representative trust offices in Nebraska only if (1) the requirements of section 8-2309 are met and (2) the home state of the out-of-state trust company authorizes the establishment and maintenance of representative trust offices in that state by a Nebraska trust company under conditions no more restrictive than those imposed by the laws of Nebraska, as determined by the director.Source  Laws 1998, LB 1321, § 61.
NE Code § 8-2309 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-2309 - Out-of-state trust company with instate branch trust office; representative trust offices; requirements; procedure.

8-2309.  Out-of-state trust company with instate branch trust office; representative trust offices; requirements; procedure.(1) An out-of-state trust company, in order to establish and maintain representative trust offices in Nebraska pursuant to section 8-2308, shall file written notice of the proposed transaction with the director on a form prescribed by the director. The notice shall include a list of the proposed activities to be conducted at the representative trust office, procedures to ensure that no fiduciary activities will be conducted at the representative trust office, a copy of a resolution of its board of directors authorizing the representative trust office, satisfactory evidence that the bond required pursuant to subsection (4) of section 8-2306 will cover the activities at the representative trust office, any other information which the director may require, and the filing fee prescribed by section 8-602.(2) The director shall act within sixty days after receipt of the notice under subsection (1) of this section. The director may extend the sixty-day period if he or she determines that the notice raises issues that require additional information or additional time for analysis. If the sixty-day period is extended, the out-of-state trust company may establish a representative trust office only on prior written approval of the director.(3) The director may deny approval of the proposed representative trust office if he or she finds that the trust company lacks sufficient financial resources to establish the representative trust office without adversely affecting its safety or soundness or that the establishment of the proposed representative trust office would not be in the public interest.(4) If the director does not extend the sixty-day period pursuant to subsection (2) of this section and does not act within sixty days, the out-of-state trust company may establish representative trust offices on the sixty-first day following the director's receipt of notice.Source  Laws 1998, LB 1321, § 62.
NE Code § 8-2310 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-2310 - Out-of-state trust company without instate branch trust office; representative trust offices; authorized; when.

8-2310.  Out-of-state trust company without instate branch trust office; representative trust offices; authorized; when.An out-of-state trust company which has not established and does not maintain a branch trust office in this state may establish and maintain representative trust offices in Nebraska only if (1) the requirements of section 8-2311 are met and (2) the home state of the out-of-state trust company authorizes the establishment and maintenance of representative trust offices in that state by a Nebraska trust company under conditions no more restrictive than those imposed by the laws of Nebraska, as determined by the director.Source  Laws 1998, LB 1321, § 63.
NE Code § 8-2311 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-2311 - Out-of-state trust company without instate branch trust office; representative trust offices; requirements; procedure.

8-2311.  Out-of-state trust company without instate branch trust office; representative trust offices; requirements; procedure.(1) An out-of-state trust company, in order to establish and maintain representative trust offices in Nebraska pursuant to section 8-2310, shall file written notice of the proposed transaction with the director on a form prescribed by the director. The notice shall include, in addition to the information and fee prescribed in subsection (1) of section 8-2309:(a) Satisfactory evidence that the out-of-state trust company is a trust company;(b) Satisfactory evidence of compliance with any applicable requirements of the Nebraska Model Business Corporation Act;(c) An affidavit from its president stating that for as long as it maintains a representative trust office in this state the trust company will comply with Nebraska law; and(d) Submission of a fidelity bond in accordance with section 8-205.01. Submission of a rider to an existing bond indicating that the required coverage is outstanding and evidencing the beneficiaries described in section 8-205.01 shall satisfy the requirements of this subdivision. The bond or a substitute bond shall remain in effect during all periods in which the trust company conducts business in Nebraska.(2) The director shall act within ninety days after receipt of notice under subsection (1) of this section. The director may extend the ninety-day period if he or she determines that the notice raises issues that require additional information or additional time for analysis. If the ninety-day period is extended, the out-of-state trust company may establish representative trust offices only on prior written approval of the director.(3) The director may deny approval of the proposed representative trust office if he or she finds that the trust company lacks sufficient financial resources to establish the representative trust office without adversely affecting its safety or soundness, that the trust company does not have adequate fidelity bond coverage, or that the proposed representative trust office would not be in the public interest.(4) If the director does not extend the ninety-day period pursuant to subsection (2) of this section and does not act within ninety days, the out-of-state trust company may, upon compliance with sections 8-209 and 8-210, establish representative trust offices on the ninety-first day following the director's receipt of notice.Source   Laws 1998, LB 1321, § 64;  Laws 2014, LB749, § 236. Cross References  Nebraska Model Business Corporation Act, see section 21-201.
NE Code § 8-2312 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-2312 - Branch trust office; representative trust office; director; powers.

8-2312.  Branch trust office; representative trust office; director; powers.(1) The director may examine any branch trust office or representative trust office established and maintained in this state by any out-of-state state trust company as he or she deems necessary to determine whether the branch trust office or representative trust office is being operated in compliance with Nebraska law and in accordance with safe and sound practices.(2) The director may prescribe requirements for periodic reports by an out-of-state trust company that operates branch trust offices or representative trust offices pursuant to the Interstate Trust Company Office Act. Any such reporting requirements shall be consistent with the reporting requirements applicable to Nebraska trust companies and appropriate for the purpose of enabling the director to carry out his or her responsibilities under the act.(3) The director may enter into cooperative, coordinating, and information-sharing agreements with any other trust company supervisory agency that has concurrent jurisdiction over a Nebraska state-chartered trust company or an out-of-state state trust company operating a branch trust office or representative trust office in this state to engage the services of such supervisory agency's examiners or to provide the services of department examiners to such supervisory agency.(4) The director may enter into joint examinations or joint enforcement actions with other trust company supervisory agencies having concurrent jurisdiction over any branch trust office or representative trust office of an out-of-state state trust company or any branch trust office or representative trust office of a Nebraska state-chartered trust company in any host state. The director may, at any time, take such actions independently if he or she deems such actions to be necessary or appropriate to carry out his or her responsibilities under the act or to ensure compliance with Nebraska law. In the case of an out-of-state state trust company, the director shall recognize the exclusive jurisdiction of the home state regulator over corporate government matters and the primary responsibility of the home state regulator with respect to safety and soundness matters.(5) The cost of any examination conducted under this section shall be assessed against the out-of-state state trust company in the manner set forth in sections 8-605 and 8-606 and paid for by the out-of-state state trust company.Source   Laws 1998, LB 1321, § 65;  Laws 2007, LB124, § 18.
NE Code § 8-2313 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-2313 - Act, how construed.

8-2313.  Act, how construed.Nothing in the Interstate Trust Company Office Act shall be construed to authorize any Nebraska trust company or any out-of-state trust company to conduct the general business of banking at any branch trust office or representative trust office.Source  Laws 1998, LB 1321, § 66.
NE Code § 8-2401 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-2401 - Formation; conditions.

8-2401.  Formation; conditions.A credit card bank may be formed under the Nebraska Banking Act if all of the following conditions are met:(1) A credit card bank shall not accept demand deposits or deposits that the depositor may withdraw by check or similar means for payment to third parties;(2) A credit card bank may not accept any savings or time deposits of less than one hundred thousand dollars, except that savings or time deposits of any amount may be accepted from affiliated financial institutions;(3) The services of a credit card bank shall be limited to the solicitation, processing, and making of loans instituted by credit card or transaction card and matters relating or incidental thereto;(4) A credit card bank shall not make commercial loans;(5) A credit card bank shall, on the date of commencement of banking business in this state, have a minimum capital stock and paid-in surplus of two million five hundred thousand dollars;(6) A credit card bank shall (a) employ on the date of commencement of its banking business in this state or within one year after such date not less than fifty persons in this state in its business or (b) contract with a qualifying association as defined in subdivision (4) of section 8-1511 to provide for the processing of its credit card or transaction card operations;(7) A credit card bank shall maintain only one office that accepts deposits;(8) A credit card bank may maintain one or more processing centers in this state;(9) A credit card bank shall operate in a manner and at a location that is not likely to attract customers from the general public in this state to the substantial detriment of existing financial institutions as defined in section 8-101.03 located in this state; and(10) A credit card bank shall provide for the insurance of deposits as described in subsection (1) of section 8-702.Source  Laws 2004, LB 999, § 17;  Laws 2005, LB 533, § 24;  Laws 2017, LB140, § 146.  Cross References  Nebraska Banking Act, see section 8-101.02.
NE Code § 8-2402 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-2402 - Charter; grant; when.

8-2402.  Charter; grant; when.The Department of Banking and Finance may grant a charter to transact the business of a credit card bank if the Director of Banking and Finance is satisfied that the applicant has met the conditions set forth in section 8-2401 and the Nebraska Banking Act as to the formation of a new bank.Source Laws 2004, LB 999, § 18.Cross References  Nebraska Banking Act, see section 8-101.02.
NE Code § 8-2403 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-2403 - Provisions applicable.

8-2403.  Provisions applicable.A credit card bank shall be subject to the Interstate Branching and Merger Act, the Nebraska Bank Holding Company Act of 1995, the Nebraska Banking Act, and Chapter 8, articles 5, 6, 7, 8, 13, 14, 15, 16, 19, and 20, unless otherwise limited or excluded or the context otherwise requires.Source  Laws 2004, LB 999, § 19;  Laws 2012, LB963, § 21. Cross References   Interstate Branching and Merger Act, see section 8-2101.  Nebraska Bank Holding Company Act of 1995, see section 8-908.  Nebraska Banking Act, see section 8-101.02.
NE Code § 8-2501 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-2501 - Written solicitation; restrictions.

8-2501.  Written solicitation; restrictions.(1) Except as provided in section 8-2503, no person shall include the name, trade name, logo, or symbol of a financial institution in a written solicitation for financial products or services directed to a consumer who has obtained a loan from the financial institution without the consent of the financial institution, unless the solicitation clearly and conspicuously states that the person is not sponsored by or affiliated with the financial institution and that the solicitation is not authorized by the financial institution, which shall be identified by name. The statement shall be made in close proximity to, and in the same or larger font size as, the first and most prominent use or uses of the name, trade name, logo, or symbol in the statement, including on an envelope or through an envelope window containing the statement.(2) No person shall use the name of a financial institution or a name similar to that of a financial institution in a written solicitation for financial products or services directed to consumers, if that use could cause a reasonable person to be confused, mistaken, or deceived initially or otherwise as to either of the following:(a) The financial institution's sponsorship, affiliation, connection, or association with the person using the name; or(b) The financial institution's approval or endorsement of the person using the name or the person's products or services.Source Laws 2005, LB 533, § 25.
NE Code § 8-2502 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-2502 - Written solicitation; restriction on use of loan information; exception.

8-2502.  Written solicitation; restriction on use of loan information; exception.Except as provided in section 8-2503, no person shall include a consumer's loan number, loan amount, or other specific loan information, whether or not publicly available, in a written solicitation for products or services without the consent of the consumer, unless the solicitation clearly and conspicuously states, when applicable, that the person is not sponsored by or affiliated with the financial institution, that the statement is not authorized by the financial institution, and that the consumer's loan information was not provided to that person by the financial institution. The statement shall be made in close proximity to, and in the same or larger font as, the first and the most prominent use or uses of the consumer's loan information in the statement, including on an envelope or through an envelope window containing the statement. The prohibition in this section does not apply to communications by a financial institution or any of its affiliates, subsidiaries, or agents with a current customer of the financial institution or with a person who has been a customer of the financial institution.Source Laws 2005, LB 533, § 26.
NE Code § 8-2503 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-2503 - Advertisement or written solicitation; comparison authorized.

8-2503.  Advertisement or written solicitation; comparison authorized.It is not a violation of section 8-2501 or 8-2502 for a person in an advertisement or written solicitation for products or services to use the name, trade name, logo, or symbol of a financial institution without the statement described in section 8-2501 or 8-2502, if that use is exclusively part of a comparison of like products or services in which the person clearly and conspicuously identifies itself. Nothing in section 8-2501 or 8-2502 shall be deemed or interpreted to alter or modify the trade name and trademark laws of this state.Source Laws 2005, LB 533, § 27.
NE Code § 8-2504 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-2504 - Violation; cease and desist order; fine.

8-2504.  Violation; cease and desist order; fine.(1) The Department of Banking and Finance may order any person to cease and desist whenever the Director of Banking and Finance determines that such person has violated section 8-2501 or 8-2502. Upon entry of a cease and desist order, the director shall promptly notify the affected person that such order has been entered and provide opportunity for hearing in accordance with the Administrative Procedure Act.(2) If a person violates section 8-2501 or 8-2502 after receiving such cease and desist order, the director may, following notice and opportunity for hearing in accordance with the Administrative Procedure Act, impose a fine of up to one thousand dollars for each violation, plus the costs of investigation. Each instance in which a violation of section 8-2501 or 8-2502 takes place after receiving a cease and desist order constitutes a separate violation.(3) The director shall remit all fines collected under this section to the State Treasurer for distribution in accordance with Article VII, section 5, of the Constitution of Nebraska. All costs collected shall be remitted to the Financial Institution Assessment Cash Fund.(4) This section does not affect the availability of any remedies otherwise available to a financial institution.Source  Laws 2005, LB 533, § 28;  Laws 2007, LB124, § 19. Cross References  Administrative Procedure Act, see section 84-920.
NE Code § 8-2505 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-2505 - Financial institution, defined.

8-2505.  Financial institution, defined.For purposes of sections 8-2501 to 8-2504, financial institution means a state or federally chartered bank, savings and loan association, savings bank, or credit union or any affiliate, subsidiary, or agent thereof.Source Laws 2005, LB 533, § 29.
NE Code § 8-2601 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-2601 - Act, how cited.

8-2601.  Act, how cited.Sections 8-2601 to 8-2615 shall be known and may be cited as the Credit Report Protection Act.Source  Laws 2007, LB674, § 1;  Laws 2016, LB835, § 1.  Cross References  Consumer reporting agency, duty to furnish information to consumer, see section 20-149.
NE Code § 8-2603 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-2603 - Security freeze; request.

8-2603.  Security freeze; request.A consumer may elect to place a security freeze on his or her file by submitting a request at the address or other point of contact and in the manner specified by the consumer reporting agency.Source  Laws 2007, LB674, § 3;  Laws 2016, LB835, § 3.
NE Code § 8-2603.01 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-2603.01 - Protected consumer; security freeze; request; creation of record for protected consumer; placement of freeze.

8-2603.01.  Protected consumer; security freeze; request; creation of record for protected consumer; placement of freeze.(1) A consumer reporting agency shall place a security freeze for a protected consumer if:(a) The consumer reporting agency receives a request from the representative for the placement of the security freeze under this section; and(b) The representative:(i) Submits the request to the consumer reporting agency at the address or other point of contact and in the manner specified by the consumer reporting agency; and(ii) Provides to the consumer reporting agency:(A) Sufficient proof of identification of the protected consumer and the representative; and(B) Sufficient proof of authority to act on behalf of the protected consumer.(2) If a consumer reporting agency does not have a file pertaining to a protected consumer when the consumer reporting agency receives a request described in subdivision (1)(a) of this section, the consumer reporting agency shall create a record for the protected consumer.(3) Within thirty days after receiving a request that meets the requirements of this section, a consumer reporting agency shall place a security freeze for the protected consumer.Source  Laws 2016, LB835, § 4;  Laws 2018, LB757, § 2.
NE Code § 8-2604 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-2604 - Consumer reporting agency; release of credit report or other information prohibited without authorization.

8-2604.  Consumer reporting agency; release of credit report or other information prohibited without authorization.If a security freeze is in place with respect to a consumer's or protected consumer's file, the consumer reporting agency shall not release a credit report or any other information derived from the file to a third party without the prior express authorization of the consumer, protected consumer, or representative. This section does not prevent a consumer reporting agency from advising a third party that a security freeze is in effect with respect to a consumer's or protected consumer's file.Source  Laws 2007, LB674, § 4;  Laws 2016, LB835, § 5.
NE Code § 8-2605 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-2605 - Consumer reporting agency; placement of security freeze; when; written confirmation to consumer.

8-2605.  Consumer reporting agency; placement of security freeze; when; written confirmation to consumer.(1) A consumer reporting agency shall place a security freeze on a file no later than three business days after receiving a request under section 8-2603.(2) Until July 1, 2008, a consumer reporting agency shall, within ten business days after receiving a request under section 8-2603, send a written confirmation of the security freeze to the consumer and provide the consumer with a unique personal identification number or password to be used by the consumer when providing authorization for the release of a credit report or any other information derived from his or her file for a specified period of time. Beginning July 1, 2008, a consumer reporting agency shall send such confirmation and provide such identification number or password to the consumer within five business days after receiving a request under section 8-2603.(3) The written confirmation required under subsection (2) of this section shall include a warning which shall read as follows: WARNING TO PERSONS SEEKING A CREDIT FREEZE AS PERMITTED BY THE CREDIT REPORT PROTECTION ACT: YOU MAY BE DENIED CREDIT AS A RESULT OF A FREEZE PLACED ON YOUR CREDIT.Source  Laws 2007, LB674, § 5;  Laws 2016, LB835, § 6.