§ 8-191. Banks; possession by department; notice to banks and trust companies; notice or knowledge of possession forestalls liens.
When the department takes possession of a bank’s property and business, it must immediately notify known banks or trust companies holding that bank’s assets. Notified banks or trust companies, or those that know of the possession, cannot claim liens or charges against the bank’s assets for later payments or liabilities
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- Jurisdiction
- United States — Nebraska
- Instrument
- Notice
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- Undated source snapshot
- Language
- en
- Updated
- Official source
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Citation provenance: source:global:stored-legal-sources · schema StatuteEnrichmentPublicV1.
Statute overview
About this statute
When the department takes possession of a bank’s property and business, it must immediately notify known banks or trust companies holding that bank’s assets. Notified banks or trust companies, or those that know of the possession, cannot claim liens or charges against the bank’s assets for later payments or liabilities unless the bank is continued as a going concern.
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§ 8-191. Banks; possession by department; notice to banks and trust companies; notice or knowledge of possession forestalls liens.
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