reglab/housing_qa huggingface dataset:
NE Code § 8-148.02 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-148.02 - Banks; subscribe, invest, buy, and own stock; agricultural credit corporation; livestock loan company; limitation.

8-148.02.  Banks; subscribe, invest, buy, and own stock; agricultural credit corporation; livestock loan company; limitation.Any bank may subscribe to, invest, buy, and own stock in any agricultural credit corporation or livestock loan company, or its affiliate, the principal business of which corporation must be the extension of short and intermediate term credit to farmers and ranchers, including partnerships, limited liability companies, and corporations engaged in farming and ranching, for agricultural purposes, including the breeding, raising, fattening, or marketing of livestock. The bank shall not obligate more than thirty-five percent of its paid-up capital, surplus, undivided profits, capital reserves, capital notes, and debentures for such purposes, except that if the bank owns at least eighty percent of the voting stock of such agricultural credit corporation or livestock loan company, the limitation on the amount of obligation for such purposes shall not apply. Such subscription, investment, possession, or ownership is not subject to the provisions of sections 8-148, 8-149, and 8-150.Source   Laws 1969, c. 30, § 1, p. 235;   Laws 1971, LB 720, § 1;   Laws 1974, LB 845, § 1;   Laws 1982, LB 779, § 2;   Laws 1993, LB 121, § 88;  Laws 2017, LB140, § 46.
NE Code § 8-148.03 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-148.03 - Bonds of the State of Israel; securities; banks; savings and loan associations, insurance companies, credit unions; invest funds.

8-148.03.  Bonds of the State of Israel; securities; banks; savings and loan associations, insurance companies, credit unions; invest funds.Bonds of the State of Israel are hereby made securities in which banks, savings and loan associations, insurance companies, and credit unions may properly and legally invest funds.Source  Laws 1974, LB 845, § 3.
NE Code § 8-148.04 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-148.04 - Community development investments; conditions.

8-148.04.  Community development investments; conditions.(1) Any bank may make a community development investment or investments either directly or through purchasing an equity interest in or an evidence of indebtedness of an entity primarily engaged in making community development investments, if the following conditions are satisfied:(a) An investment under this subsection does not expose the bank to unlimited liability; and(b) The bank's aggregate investment under this subsection does not exceed fifteen percent of its capital and surplus. If the bank's investment in any one entity will exceed five percent of its capital and surplus, the prior written approval of the director must be obtained.(2) Nothing in this section prevents a bank from charging off as a contribution an investment made pursuant to subsection (1) of this section.(3) The subscription, investment, possession, or ownership is not subject to sections 8-148, 8-149, and 8-150.(4) For purposes of this section, community development investments means investments of a predominantly civic, community, or public nature and not merely private and entrepreneurial.Source   Laws 1993, LB 81, § 6;   Laws 1994, LB 979, § 4;   Laws 1996, LB 1184, § 1;  Laws 2006, LB 876, § 9;  Laws 2007, LB124, § 4;  Laws 2017, LB140, § 47.
NE Code § 8-148.05 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-148.05 - Qualified Canadian Government obligations; investment.

8-148.05.  Qualified Canadian Government obligations; investment.(1) Any bank may deal in, underwrite, and purchase for its own account qualified Canadian Government obligations to the same extent that such bank may deal in, underwrite, and purchase for its own account obligations of the United States Government or general obligations of any state thereof.(2) For purposes of this section:(a) Qualified Canadian Government obligation means any debt obligation which is backed by Canada or any Canadian province to a degree which is comparable to the liability of the United States Government or any state thereof for any obligation which is backed by the full faith and credit of the United States Government or any state thereof. Qualified Canadian Government obligations also includes any debt obligation of any agent of Canada or any Canadian province if:(i) The obligation of the agent is assumed in such agent's capacity as agent for Canada or any Canadian province; and(ii) Canada or any Canadian province, on whose behalf such agent is acting with respect to such obligation, is ultimately and unconditionally liable for such obligation; and(b) The term Canadian province means a province of Canada and includes the Yukon Territory and the Northwest Territories and their successors.Source   Laws 1993, LB 423, § 1;  Laws 2017, LB140, § 48.
NE Code § 8-148.06 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-148.06 - Banks; subscribe, invest, buy, own, and sell stock; bank subsidiary corporation; limitation.

8-148.06.  Banks; subscribe, invest, buy, own, and sell stock; bank subsidiary corporation; limitation.Any bank may subscribe to, invest in, buy, own, and sell the common stock, obligations, and other securities of one or more bank subsidiary corporations organized under the laws of the State of Nebraska. A bank shall not obligate more than thirty-five percent of its paid-up capital stock, surplus, undivided profits, capital reserves, and capital notes and debentures for such purposes. An additional percentage of its paid-up capital stock, surplus, undivided profits, capital reserves, and capital notes and debentures may be invested with written approval of the director. The subscription, investment, possession, or ownership is not subject to sections 8-148, 8-149, and 8-150.Source  Laws 1995, LB 384, § 2.
NE Code § 8-148.07 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-148.07 - Bank subsidiary corporation; authorized activities.

8-148.07.  Bank subsidiary corporation; authorized activities.A bank subsidiary corporation shall engage in only those activities prescribed under subdivision (6) of section 8-101.03 or that its bank shareholder or shareholders are authorized to perform under the laws of this state and shall engage in those activities only at locations in this state where the bank shareholder or shareholders could be authorized to perform activities.Source   Laws 1995, LB 384, § 3;  Laws 2000, LB 932, § 2;  Laws 2017, LB140, § 49.
NE Code § 8-148.08 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-148.08 - Bank subsidiary corporation; examination and regulation.

8-148.08.  Bank subsidiary corporation; examination and regulation.A bank subsidiary corporation is subject to examination and regulation by the department to the same extent as its bank shareholder or shareholders.Source   Laws 1995, LB 384, § 4;  Laws 2017, LB140, § 50.
NE Code § 8-148.09 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-148.09 - Bank; financial institution; merger, acquisition, or asset acquisition; transactions authorized.

8-148.09.  Bank; financial institution; merger, acquisition, or asset acquisition; transactions authorized.(1) Any bank may subscribe to, invest, buy, and own stock of another financial institution if the transaction is part of the merger or consolidation of the other financial institution with the acquiring bank, or the acquisition of substantially all of the assets of the other financial institution by the acquiring bank, and if:(a) The merger, consolidation, or asset acquisition occurs on the same day as the acquisition of the shares of the other financial institution and the other financial institution will not be operated by the acquiring bank as a separate entity; and(b) The transaction receives the prior approval of the director.(2) Any bank may subscribe to, invest, buy, and own stock of a company controlling another financial institution if the transaction is part of (a) the merger or consolidation of the company controlling the other financial institution with the company controlling the acquiring bank, or the acquisition of substantially all of the assets of the company controlling the other financial institution by the company controlling the acquiring bank, and (b) the merger or consolidation of the other financial institution with the acquiring bank, or the acquisition of substantially all of the assets of the other financial institution by the acquiring bank, and if:(i) The merger, consolidation, or asset acquisition occurs on the same day as the acquisition of the shares of the company controlling the other financial institution, and neither the company controlling the other financial institution nor the other financial institution will be operated by the acquiring bank as a separate entity; and(ii) The transaction receives the prior approval of the director.(3) Any bank that acquires stock of another financial institution or company controlling another financial institution pursuant to this section shall not be deemed to be a bank holding company for purposes of the Nebraska Bank Holding Company Act of 1995, so long as the conditions of subdivision (1)(a) or (2)(b)(i) of this section, as applicable, are satisfied.(4) For purposes of this section, financial institution means a bank, savings bank, credit card bank, savings and loan association, digital asset depository institution, building and loan association, trust company, or credit union organized under the laws of any state or organized under the laws of the United States.Source  Laws 2017, LB140, § 51;  Laws 2021, LB649, § 37.   Operative Date: October 1, 2021
NE Code § 8-148.10 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-148.10 - Digital asset depository institution; investment; conditions.

8-148.10.  Digital asset depository institution; investment; conditions.Any financial institution as defined in section 8-3003 other than a digital asset depository institution as defined in section 8-3003 may invest not more than ten percent of its capital and surplus either in stock of a corporation operating a digital asset depository institution or directly, alone, or with others, in a digital asset depository institution. With written approval of the director, such additional percentage of its capital and surplus may be so invested as the director shall approve. Such investment is not subject to sections 8-148, 8-149, and 8-150.Source  Laws 2021, LB649, § 39.   Operative Date: October 1, 2021
NE Code § 8-149 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-149 - Banks; investment in bank premises or holding corporations; loans upon security of stock of holding corporation; written approval of Director of Banking and Finance required; when.

8-149.  Banks; investment in bank premises or holding corporations; loans upon security of stock of holding corporation; written approval of Director of Banking and Finance required; when.(1) No bank shall, without the written approval of the director, (a) invest in bank premises or in the stock, bonds, debentures, or other such obligations of any corporation holding the premises of such bank, or (b) make loans to or upon the security of the stock of any such corporation, if the aggregate of all such investments and loans will exceed the paid-up capital stock, surplus, and capital notes and debentures of such bank. Stock held as authorized by this section shall not be subject to the provisions of section 8-148.(2) Investments by a bank in bank premises necessary for the transaction of its business shall include, but not be limited to:(a) Premises that are owned and occupied, or to be occupied if under construction, by the bank, its branches, or its consolidated subsidiaries;(b) Real estate acquired and intended, in good faith, for use in future expansions;(c) Parking facilities that are used by customers or employees of the bank, its branches, or its consolidated subsidiaries;(d) Residential property for the use of officers or employees of the bank, its branches, or its consolidated subsidiaries who are:(i) Located in areas where suitable housing at a reasonable price is not readily available; or(ii) Temporarily assigned to a foreign country, including foreign nationals temporarily assigned to the United States; and(e) Property for the use of officers, employees, or customers of the bank, its branches, and its consolidated subsidiaries or for the temporary lodging of such persons in areas where suitable commercial lodging is not readily available, if the purchase and operation of the property qualifies as a deductible business expense for federal tax purposes.Source   Laws 1963, c. 29, § 49, p. 155;   Laws 1973, LB 164, § 15;   Laws 1997, LB 137, § 5;  Laws 2007, LB124, § 5.
NE Code § 8-150 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-150 - Banks; real estate; power to acquire and convey; limitations and conditions.

8-150.  Banks; real estate; power to acquire and convey; limitations and conditions.(1) Any bank may purchase, hold, and convey real estate that is (a) acquired pursuant to section 8-149, (b) conveyed to it for debts due the bank, or (c) purchased at sale under judgments, decrees, deeds of trust, or mortgages held by the bank or purchased to secure debts due to it upon its securities, but the bank at such sale shall not bid a larger amount than required to satisfy such judgments or decrees with costs. Real estate acquired in satisfaction of debts or at a sale upon judgments, decrees, deeds of trust, or mortgages shall be sold at private or public sale within five years unless authority shall be given in writing by the director to hold it for a longer period.(2) The total amount of real estate held by any bank for purposes of subdivisions (1)(b) and (c) of this section shall not be entered on the records of the bank as an asset at a value greater than (a) the unpaid balance of the debts due the bank plus its out-of-pocket expenses incurred in acquiring clear title, (b) its judgments or decrees with costs, or (c) the appraised value of such real estate, whichever is less, except that a bank may expend funds as necessary for repairs or to complete a project in order to market such property.(3) A bank may utilize property acquired by it under subdivisions (1)(b) and (c) of this section in any manner authorized by the director.Source   Laws 1909, c. 10, § 29, p. 80;   R.S.1913, § 308;   Laws 1919, c. 190, tit. V, art. XVI, § 29, p. 697;   C.S.1922, § 8009-a;   Laws 1925, c. 30, § 10, p. 128;   C.S.1929, § 8-145;   Laws 1933, c. 18, § 29, p. 149;   C.S.Supp.,1941, § 8-145;   R.S.1943, § 8-145;   Laws 1959, c. 15, § 13, p. 137;   R.R.S.1943, § 8-145;   Laws 1963, c. 29, § 50, p. 155;   Laws 1985, LB 653, § 5;  Laws 2017, LB140, § 52.
NE Code § 8-152 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-152 - Banks; loans on real estate; authorized.

8-152.  Banks; loans on real estate; authorized.A bank may make loans secured by real estate or may participate with other financial institutions in such loans whether such participation occurs at the inception of the loan or at any time after the loan was made.Source   Laws 1963, c. 29, § 52, p. 156;   Laws 1965, c. 28, § 4, p. 202;   Laws 1972, LB 1226, § 1;   Laws 1973, LB 164, § 16;   Laws 1974, LB 845, § 2;   Laws 1979, LB 220, § 6;   Laws 1982, LB 779, § 3;   Laws 1994, LB 979, § 5;  Laws 2017, LB140, § 53.
NE Code § 8-153 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-153 - Checks; preprinted information; cleared at par; exception.

8-153.  Checks; preprinted information; cleared at par; exception.All checks, unless sent to banks as special collection items, shall have preprinted the magnetically encoded routing and transit symbol of the bank and either the name of the maker or the magnetically encoded account number of the maker. Except for checks sent to banks as special collection items or checks presented for payment by the payee in person, all checks drawn on any bank shall be cleared at par by the bank on which they are drawn. The term at par applies only to the settlement of checks between collecting and paying or remitting banks and does not apply to or prohibit a bank from deducting a fee from the face amount of the check for paying the check if the check is presented to the bank by the payee in person.Source   Laws 1945, c. 11, § 1, p. 110;   R.R.S.1943, § 8-163.01;   Laws 1963, c. 29, § 53, p. 157;   Laws 1979, LB 269, § 1;  Laws 2015, LB155, § 3;  Laws 2017, LB140, § 54.  Annotations  Special collection items are those which in fact actually require the employment of unusual and individual treatment. Placek v. Edstrom, 151 Neb. 225, 37 N.W.2d 203 (1949). Act sustained as constitutional. Placek v. Edstrom, 148 Neb. 79, 26 N.W.2d 489 (1947).
NE Code § 8-158 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-158 - Banks; appointment as personal representative or special administrator; authorized.

8-158.  Banks; appointment as personal representative or special administrator; authorized.Any bank may be appointed and shall have power to act, either by itself or jointly with any natural person or persons, as personal representative of the estate of any deceased person or as special administrator of the estate of any deceased person under the appointment of a court of record having jurisdiction of the estate of such deceased person. When a bank is so appointed and an oath is required to be made, whether in order to qualify or for any other purpose, the president, vice president, or secretary of the bank may, on behalf of the bank, make and subscribe to the required oath.Source   Laws 1959, c. 18, § 1, p. 142;   Laws 1961, c. 14, § 3, p. 107;   Laws 1961, c. 16, § 1, p. 116;   R.R.S.1943, § 8-1,117;   Laws 1963, c. 29, § 58, p. 158;   Laws 1973, LB 164, § 17;   Laws 1986, LB 909, § 1;  Laws 2017, LB140, § 57.
NE Code § 8-159 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-159 - Banks; trust department; authorization.

8-159.  Banks; trust department; authorization.Any bank, having adopted or amended its articles of incorporation to authorize the conduct of a trust business as defined in the Nebraska Trust Company Act, may be further chartered by the director to transact a trust company business in a trust department in connection with such bank.Source   Laws 1959, c. 19, § 1, p. 143;   Laws 1961, c. 14, § 4, p. 107;   R.R.S.1943, § 8-1,118;   Laws 1963, c. 29, § 59, p. 159;   Laws 1993, LB 81, § 9;   Laws 1998, LB 1321, § 10. Cross References  Nebraska Trust Company Act, see section 8-201.01.
NE Code § 8-160 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-160 - Banks; trust department; amendment of charter; supervision.

8-160.  Banks; trust department; amendment of charter; supervision.The director has the authority to issue to banks amendments to their charters of authority to transact trust business as defined in the Nebraska Trust Company Act and has general supervision and control over such trust department of banks.Source   Laws 1959, c. 19, § 2, p. 143;   Laws 1961, c. 14, § 5, p. 108;   R.R.S.1943, § 8-1,119;   Laws 1963, c. 29, § 60, p. 159;   Laws 1993, LB 81, § 10;   Laws 1998, LB 1321, § 11;  Laws 2017, LB140, § 58.  Cross References  Nebraska Trust Company Act, see section 8-201.01.
NE Code § 8-161 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-161 - Banks; trust department; application; investigation; authorization.

8-161.  Banks; trust department; application; investigation; authorization.The director, before granting to any bank the right to operate a trust department, shall require such bank to make an application for amendment of its charter, setting forth such information as the director may require. If, upon investigation, the director is satisfied that the trust department of the bank requesting such amendment will be operated by officers of integrity and responsibility, the department shall, with such additional capital as the director shall require, issue to such bank an amendment to its charter, entitling it to operate a trust department and entitling it to transact the business provided for in the Nebraska Trust Company Act.Source   Laws 1959, c. 19, § 3, p. 144;   Laws 1961, c. 14, § 6, p. 108;   R.R.S.1943, § 8-1,120;   Laws 1963, c. 29, § 61, p. 159;   Laws 1993, LB 81, § 11;   Laws 1998, LB 1321, § 12;  Laws 2017, LB140, § 59.  Cross References  Nebraska Trust Company Act, see section 8-201.01.
NE Code § 8-162 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-162 - Banks; trust department; separation from other departments; powers; duties.

8-162.  Banks; trust department; separation from other departments; powers; duties.The trust department of a bank when chartered under sections 8-159 to 8-161 shall be separate and apart from every other department of the bank and shall have all of the powers, duties, and obligations of a trust company provided in the Nebraska Trust Company Act.Source   Laws 1959, c. 19, § 4, p. 144;   Laws 1961, c. 14, § 7, p. 108;   R.R.S.1943, § 8-1,121;   Laws 1963, c. 29, § 62, p. 159;   Laws 1993, LB 81, § 12;   Laws 1998, LB 1321, § 13. Cross References  Nebraska Trust Company Act, see section 8-201.01.
NE Code § 8-162.01 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-162.01 - Banks; trust department; conduct of business; location.

8-162.01.  Banks; trust department; conduct of business; location.Any bank authorized to transact a trust company business in a trust department pursuant to sections 8-159 to 8-162 may conduct such trust company business at the office of any bank which is a subsidiary of the same bank holding company as the authorized bank.Source  Laws 1993, LB 81, § 13.