§ 8-186. Bank; possession; voluntary surrender to department; notice; posting; liens dissolved. — United States — Nebraska law | Esheria

§ 8-186. Bank; possession; voluntary surrender to department; notice; posting; liens dissolved.

A bank may post a required notice to place its affairs and assets under the Department of Banking and Finance. A posted notice, or possession taken by the department or a financial institution examiner, gives the department immediate possession of the bank’s assets and stops or dissolves certain legal liens and seizure

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Jurisdiction
United States — Nebraska
Instrument
Notice
Version
Undated source snapshot
Language
en
Updated
Official source
View official record ↗
asset control bank insolvency liens

Statute overview

About this statute

A bank may post a required notice to place its affairs and assets under the Department of Banking and Finance. A posted notice, or possession taken by the department or a financial institution examiner, gives the department immediate possession of the bank’s assets and stops or dissolves certain legal liens and seizures.