reglab/housing_qa huggingface dataset:
NE Code § 8-1,129 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1,129 - Emergencies; laws applicable.

8-1,129.  Emergencies; laws applicable.(1) Any day on which a financial institution, or any one or more of its offices, is closed during all or any part of its normal business hours pursuant to the authorization granted under sections 8-1,124 to 8-1,129 shall be, with respect to such financial institution or, if not all of its offices are closed, with respect to any office or offices which are closed, a legal holiday for all purposes with respect to any financial institution business of any character. No liability, or loss of rights of any kind, on the part of any financial institution, or director, officer, or employee thereof, shall accrue or result by virtue of any closing authorized by sections 8-1,124 to 8-1,129.(2) Sections 8-1,124 to 8-1,129 shall be construed and applied as being in addition to, and not in substitution for or limitation of, any other law of this state or of the United States authorizing the closing of a financial institution or excusing delay by a financial institution in the performance of its duties and obligations because of emergencies or conditions beyond its control or otherwise.Source   Laws 1971, LB 523, § 6;  Laws 2017, LB140, § 121.  Cross References  Bank holidays, see sections 62-301 and 62-301.01.
NE Code § 8-1,133 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1,133 - Bank; business of leasing personal property; subject to rules and regulations.

8-1,133.  Bank; business of leasing personal property; subject to rules and regulations.Any bank may engage, directly or indirectly, in the business of leasing personal property subject to rules and regulations as may be adopted and promulgated by the director.Source   Laws 1977, LB 506, § 1;  Laws 2017, LB140, § 123.
NE Code § 8-1,135 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1,135 - Appeal; procedure.

8-1,135.  Appeal; procedure.Any person aggrieved by a final order of the director made pursuant to section 8-1,134 may appeal the order, and the appeal shall be in accordance with the Administrative Procedure Act.Source   Laws 1984, LB 1039, § 2;   Laws 1988, LB 352, § 10;  Laws 2017, LB140, § 125.  Cross References  Administrative Procedure Act, see section 84-920.
NE Code § 8-1,136 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1,136 - Action to enjoin and enforce compliance.

8-1,136.  Action to enjoin and enforce compliance.Whenever it appears to the director that any person has engaged or is about to engage in any act or practice constituting a violation of any provision of Chapter 8 or the Credit Union Act, he or she may bring an action in the name of the director and the department in any court of competent jurisdiction to enjoin any such acts or practices and to enforce compliance with the provisions of Chapter 8 or the Credit Union Act. Upon a proper showing, a permanent or temporary injunction, restraining order, or writ of mandamus shall be granted and a receiver or conservator may be appointed for the defendant's assets. The director shall not be required to post a bond.Source   Laws 1984, LB 1039, § 3;   Laws 1986, LB 908, § 2;   Laws 1996, LB 948, § 119;  Laws 2017, LB140, § 126.  Cross References  Credit Union Act, see section 21-1701.
NE Code § 8-1,137 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1,137 - Evidence of violation; refer to prosecuting attorney.

8-1,137.  Evidence of violation; refer to prosecuting attorney.The director may refer such evidence as may be available concerning violations of the Nebraska Criminal Code or of any rule and regulation or order under Chapter 8 or under the Credit Union Act to the Attorney General or the proper county attorney. It shall be the duty of each county attorney or the Attorney General to whom the director reports a violation to cause appropriate proceedings to be instituted, if appropriate, without delay.Source   Laws 1984, LB 1039, § 4;   Laws 1986, LB 908, § 3;   Laws 1996, LB 948, § 120;  Laws 2017, LB140, § 127.  Cross References   Credit Union Act, see section 21-1701.  Nebraska Criminal Code, see section 28-101.
NE Code § 8-1,138 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1,138 - Violation of final order; liability; penalty.

8-1,138.  Violation of final order; liability; penalty.(1) Any person who violates any of the provisions of a final order issued by the director shall be liable to any person or entity who suffers damage proximately caused by such violation.(2) Any person who knowingly violates any final order issued by the director pursuant to section 8-1,134 is guilty of a Class I misdemeanor.Source   Laws 1984, LB 1039, § 5;  Laws 2017, LB140, § 128.
NE Code § 8-1,139 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1,139 - Misapplication of funds or assets; penalty.

8-1,139.  Misapplication of funds or assets; penalty.An officer, director, agent, or employee of a bank, trust company, building and loan association, savings and loan association, credit union, or other similar entity which is chartered, licensed, regulated, or examined by the department who willfully misapplies any of the money, funds, or credits of any such entity or any money, funds, assets, or securities entrusted to the care or custody of such entity or the custody or care of any such officer, director, agent, or employee is guilty of a Class IV felony.Source   Laws 1984, LB 1039, § 6;  Laws 2003, LB 131, § 5;  Laws 2017, LB140, § 129.
NE Code § 8-1,140 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1,140 - Federally chartered bank; bank organized under laws of Nebraska; rights, privileges, benefits, and immunities; exception.

8-1,140.  Federally chartered bank; bank organized under laws of Nebraska; rights, privileges, benefits, and immunities; exception.Notwithstanding any of the other provisions of the Nebraska Banking Act or any other Nebraska statute, any bank incorporated under the laws of this state and organized under the provisions of the act, or under the laws of this state as they existed prior to May 9, 1933, shall directly, or indirectly through a department, a subsidiary, or subsidiaries, have all the rights, powers, privileges, benefits, and immunities which may be exercised as of January 1, 2021, by a federally chartered bank doing business in Nebraska, including the exercise of all powers and activities that are permitted for a financial subsidiary of a federally chartered bank. Such rights, powers, privileges, benefits, and immunities shall not relieve such bank from payment of state taxes assessed under any applicable laws of this state.Source  Laws 1999, LB 396, § 5;  Laws 2000, LB 932, § 4;  Laws 2001, LB 53, § 2;  Laws 2002, LB 957, § 7;  Laws 2003, LB 217, § 9;  Laws 2004, LB 999, § 3;  Laws 2005, LB 533, § 11;  Laws 2006, LB 876, § 12;  Laws 2007, LB124, § 6;  Laws 2008, LB851, § 7;  Laws 2009, LB327, § 6;  Laws 2010, LB890, § 6;  Laws 2011, LB74, § 1;  Laws 2012, LB963, § 4;  Laws 2013, LB213, § 5;  Laws 2014, LB712, § 1;  Laws 2015, LB286, § 1;  Laws 2016, LB676, § 1;  Laws 2017, LB140, § 130;  Laws 2018, LB812, § 6;  Laws 2019, LB258, § 6;  Laws 2020, LB909, § 8;  Laws 2021, LB363, § 7;  Laws 2021, LB649, § 38.   Note: The Revisor of Statutes has pursuant to section 49-769 correlated LB363, section 7, with LB649, section 38, to reflect all amendments.  Note: Changes made by LB363 became effective March 18, 2021. Changes made by LB649 became operative October 1, 2021.
NE Code § 8-1,142 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1,142 - Controllable electronic record custody; rules and regulations.

8-1,142.  Controllable electronic record custody; rules and regulations.The director may adopt and promulgate rules and regulations to implement sections 8-1,141 to 8-1,143.Source  Laws 2021, LB649, § 41.   Operative Date: October 1, 2021
NE Code § 8-1,143 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-1,143 - Controllable electronic records; courts; jurisdiction.

8-1,143.  Controllable electronic records; courts; jurisdiction.The courts of Nebraska shall have jurisdiction to hear claims in both law and equity relating to controllable electronic records, including those arising under sections 8-1,141 to 8-1,143 and the Uniform Commercial Code.Source  Laws 2021, LB649, § 42.   Operative Date: October 1, 2021
NE Code § 8-201.01 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-201.01 - Act, how cited.

8-201.01.  Act, how cited.Sections 8-201 to 8-235 shall be known and may be cited as the Nebraska Trust Company Act.Source  Laws 1998, LB 1321, § 34.
NE Code § 8-202 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-202 - Articles of incorporation; filing.

8-202.  Articles of incorporation; filing.The articles of incorporation shall be filed in the office of the Secretary of State, and a certified copy shall be filed and recorded in the office of the county clerk of the county in which the corporation has its principal office. Articles of incorporation and other records relating to the corporate existence of the trust company shall be maintained as a permanent record of the trust company.Source   Laws 1911, c. 31, § 2, p. 188;   R.S.1913, p. 739;   Laws 1919, c. 190, tit. V, art. XVIII, § 2, p. 718;   C.S.1922, § 8064;   C.S.1929, § 8-202;   R.S.1943, § 8-202;   Laws 1993, LB 81, § 15.
NE Code § 8-203 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-203 - General powers.

8-203.  General powers.The trust company shall have power:(1) To have a corporate name;(2) To have a corporate seal;(3) To sue and be sued and complain and defend in all courts of law and equity;(4) To receive reasonable compensation for all services performed by it under the Nebraska Trust Company Act;(5) To make bylaws not inconsistent with the act or its articles of incorporation for the management of its affairs; and(6) To appoint or elect such officers and agents as the business of the corporation may require.Source   Laws 1911, c. 31, § 2, p. 188;   R.S.1913, § 740;   Laws 1919, c. 190, tit. V, art. XVIII, § 4, p. 718;   C.S.1922, § 8065;   C.S.1929, § 8-203;   R.S.1943, § 8-203;   Laws 1993, LB 81, § 16;   Laws 1998, LB 1321, § 35.
NE Code § 8-204 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-204 - Directors; qualifications; duties; vacancies.

8-204.  Directors; qualifications; duties; vacancies.(1) The control of the business affairs of a trust company shall be vested in a board of directors of not less than five persons who shall be selected at such time and in such manner as may be provided by the articles of incorporation of the trust company and in conformity with the Nebraska Trust Company Act. Any vacancy on the board shall be filled within ninety days by appointment by the remaining directors, and any director so appointed shall serve until the next election of directors, except that if the vacancy leaves a minimum of five directors, appointment shall be optional. The person appointed to fill the vacancy shall not serve as a director until the trust company obtains approval from the Department of Banking and Finance in accordance with subsection (6) of this section.(2) The board of directors shall select a president and secretary and shall appoint trust officers and committees as it deems necessary. No person shall act as president if such person is not a member of the board of directors. The officers and committee members shall hold their positions at the discretion of the board of directors.(3) The board of directors shall hold at least one regular meeting in each calendar quarter and shall prepare and maintain complete and accurate minutes of the proceedings at such meetings.(4) The board of directors shall make or cause to be made each year a thorough examination of the books, records, funds, and securities held for the trust company and customer accounts. The examination may be conducted by the members of the board of directors or the board may accept an annual audit by an accountant or accounting firm approved by the Department of Banking and Finance. Any such examination or audit must comply in scope with minimum standards established by the department.(5) Unless the department otherwise approves, a majority of the members of the board of directors of any trust company shall be residents of this state. Reasonable efforts shall be made to acquire members of the board of directors from the county in which the trust company is located. Directors of trust companies shall be persons of good moral character and known integrity, business experience, and responsibility.(6) No person shall act as such member of the board of directors of any trust company until the corporation applies for and obtains approval from the Department of Banking and Finance.Source   Laws 1911, c. 31, § 4, p. 188;   R.S.1913, § 741;   Laws 1919, c. 190, tit. V, art. XVIII, § 4, p. 718;   C.S.1922, § 8065;   C.S.1929, § 8-203;   R.S.1943, § 8-204;   Laws 1993, LB 81, § 17;  Laws 2013, LB213, § 6;  Laws 2021, LB363, § 9.   Effective Date: March 18, 2021  Annotations Control of business of a trust company is vested under this section in the board of directors. First Trust Company v. Airedale Ranch & Cattle Company, 136 Neb. 521, 286 N.W. 766 (1939).
NE Code § 8-205.01 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-205.01 - Fidelity bond; requirements; director; powers and duties.

8-205.01.  Fidelity bond; requirements; director; powers and duties.Each trust company doing business under the Nebraska Trust Company Act shall obtain a fidelity bond, naming the trust company as obligee, in an amount to be fixed by the department. The bond shall be issued by an authorized insurer and shall be conditioned to protect and indemnify the trust company from loss of money or other personal property, including that for which the trust company is responsible, which it may sustain through or by reason of fraud, dishonesty, forgery, theft, embezzlement, wrongful abstraction, misapplication, misappropriation, or other dishonest or criminal act of or by any of its officers or employees. The bond may contain a deductible clause in an amount to be approved by the Director of Banking and Finance. An executed copy of the bond shall be filed with and approved by the director and shall remain a part of the records of the department. If the premium of the bond is not paid, the bond shall not be canceled or subject to cancellation unless at least ten days' advance notice, in writing, is filed with the department. No bond which is current with respect to premium payments shall be canceled or subject to cancellation unless at least forty-five days' advance notice, in writing, is filed with the department. The bond shall always be open to public inspection during the office hours of the department. In the event a bond is canceled, the department may take whatever action it deems appropriate in connection with the continued operation of the trust company involved.Source   Laws 1990, LB 956, § 5;   Laws 1993, LB 81, § 19;   Laws 1998, LB 1321, § 37.
NE Code § 8-207 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-207 - Appointment as fiduciary, authorized; oath.

8-207.  Appointment as fiduciary, authorized; oath.Courts of this state may appoint a trust company receiver, assignee, trustee, guardian, conservator, personal representative, custodian, or special administrator. When a trust company 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, secretary, or trust officer may, on behalf of the trust company, make and subscribe the required oath.Source   Laws 1911, c. 31, § 7, p. 191;   R.S.1913, § 744;   Laws 1919, c. 190, tit. V, art. XVIII, § 7, p. 720;   C.S.1922, § 8069;   C.S.1929, § 8-207;   R.S.1943, § 8-207;   Laws 1947, c. 13, § 4, p. 78;   Laws 1986, LB 909, § 4;   Laws 1993, LB 81, § 21;  Laws 2017, LB140, § 132.
NE Code § 8-208 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-208 - Conveyances; execution.

8-208.  Conveyances; execution.All conveyance of or other instruments affecting real estate owned or held in trust by a trust company shall be authorized, prior to or within ninety days after the conveyance or execution of an instrument affecting real estate owned or held in trust, by a resolution of the board of directors or a committee appointed by the board of directors and signed in the name of the trust company by its president or vice president.Source   Laws 1911, c. 31, § 8, p. 192;   R.S.1913, § 745;   Laws 1919, c. 190, tit. V, art. XVIII, § 8, p. 721;   C.S.1922, § 8070;   C.S.1929, § 8-208;   R.S.1943, § 8-208;   Laws 1993, LB 81, § 22;  Laws 2001, LB 53, § 3.
NE Code § 8-210 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-210 - Securities; kinds authorized; pledge with Department of Banking and Finance.

8-210.  Securities; kinds authorized; pledge with Department of Banking and Finance.Securities pledged pursuant to section 8-209 shall consist of any securities which constitute a legal investment for the trust company except for bills of exchange, notes, mortgages, banker's acceptances, or certificates of deposit. State, county, municipal, and corporate bond issues must be of investment quality and be rated in the three top categories of investment by at least one nationally recognized rating service, except that all issues of counties and municipalities of Nebraska shall be acceptable.Such securities shall not be accepted for purpose of pledge at a rate above par value and if their market value is less than par value they shall not be accepted for such purpose above their actual market value. The safekeeping of such securities and all other expenses incidental to the pledging of such securities shall be at the expense of the trust company.Source   Laws 1919, c. 190, tit. V, art. XVIII, § 10, p. 721;   C.S.1922, § 8072;   C.S.1929, § 8-210;   Laws 1933, c. 18, § 76, p. 175;   C.S.Supp.,1941, § 8-210;   R.S.1943, § 8-210;   Laws 1957, c. 13, § 1, p. 136;   Laws 1959, c. 263, § 2, p. 922;   Laws 1967, c. 23, § 1, p. 127;   Laws 1993, LB 81, § 24;  Laws 2009, LB327, § 8.
NE Code § 8-211 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-211 - Pledge of securities with Department of Banking and Finance; certificate of compliance; effect on obligation to furnish bond as fiduciary.

8-211.  Pledge of securities with Department of Banking and Finance; certificate of compliance; effect on obligation to furnish bond as fiduciary.The required pledges having been made, the Department of Banking and Finance shall issue a receipt and a certificate showing that the trust company has complied with the Nebraska Trust Company Act. Having thus qualified, the trust company may be permitted to act as assignee, receiver, trustee, either by appointment of court or under will, or depository of money in court without bond. Upon presentation of the certificate that the trust company has complied with the act and has made a pledge as provided in section 8-209, the court or other officer charged with the duty of making such appointment or of approving bonds may, in his or her discretion, make the appointment and permit the trust company to qualify without bond or require such bond as is required from natural persons.Source   Laws 1919, c. 190, tit. V, art. XVIII, § 11, p. 721;   C.S.1922, § 8073;   C.S.1929, § 8-211;   Laws 1933, c. 18, § 77, p. 175;   C.S.Supp.,1941, § 8-211;   R.S.1943, § 8-211;   Laws 1993, LB 81, § 25;   Laws 1998, LB 1321, § 40. Annotations The fact that trust company has given general bond does not prevent county court from requiring another bond as testamentary trustee. In re Estate of Grainger, 151 Neb. 555, 38 N.W.2d 435 (1949).
NE Code § 8-212 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-212 - Pledged securities; primarily liable for trust or fiduciary obligations and losses.

8-212.  Pledged securities; primarily liable for trust or fiduciary obligations and losses.Securities pledged as provided in section 8-209 shall be primarily liable for the obligations of the trust company, state or national bank, federal savings association, federally chartered trust company, out-of-state trust company authorized under the Interstate Trust Company Office Act or otherwise doing business in this state, or an out-of-state entity acting in a fiduciary capacity in this state, incurred while acting in any fiduciary capacity, for depository of money in court, and for losses arising from trust funds deposited with failed financial institutions in excess of deposit insurance limits and shall not be liable for any other debt or obligation of the financial institution or out-of-state entity until all such trust liabilities have been discharged.Source   Laws 1919, c. 190, tit. V, art. XVIII, § 12, p. 722;   C.S.1922, § 8074;   C.S.1929, § 8-212;   Laws 1933, c. 20, § 1, p. 190;   Laws 1933, c. 18, § 78, p. 176;   Laws 1939, c. 3, § 2, p. 60;   C.S.Supp.,1941, § 8-212;   R.S.1943, § 8-212;   Laws 1993, LB 81, § 26;   Laws 1998, LB 1321, § 41;  Laws 2012, LB963, § 6. Cross References  Interstate Trust Company Office Act, see section 8-2301.
NE Code § 8-214 (2021)
2021 Nebraska Revised Statutes|Chapter 8 - Banks and Banking|8-214 - Pledged securities; release upon surrender of fiduciary powers; conditions.

8-214.  Pledged securities; release upon surrender of fiduciary powers; conditions.Any national bank, federal savings association, federally chartered trust company, or out-of-state trust company authorized under the Interstate Trust Company Office Act or otherwise doing business in this state, which has surrendered its right to exercise such fiduciary powers in this state may have its pledged securities released to it upon furnishing to the Department of Banking and Finance a certificate by its primary financial institution regulator that such financial institution is no longer authorized to exercise such powers and has been relieved, in accordance with the laws of this state, of all duties and obligations as assignee, receiver, or trustee, either by appointment of court or under will, and for depository of money in court. Any out-of-state entity acting in a fiduciary capacity in this state which has surrendered its right to exercise such fiduciary powers in this state may have its pledged securities released to it upon furnishing to the department such proof as the department may require to show that such out-of-state entity is no longer acting as a fiduciary in this state.Source   Laws 1939, c. 3, § 2, p. 60;   C.S.Supp.,1941, § 8-212;   R.S.1943, § 8-214;   Laws 1993, LB 81, § 28;   Laws 1998, LB 1321, § 43;  Laws 2012, LB963, § 8. Cross References  Interstate Trust Company Office Act, see section 8-2301.