Neb. Rev. Stat. §§ 8-1,111

Current with changes through the 2024 First Special Legislative Session
Section 8-1,111 - Insolvent banks; priority; not affected by federal deposit insurance

When a bank whose deposits are insured by the Federal Deposit Insurance Corporation becomes insolvent, neither the deposits in the bank nor the exchange of such bank shall be deemed to be otherwise secured by reason of such insurance for purposes of section 8-1,110.

Neb. Rev. Stat. §§ 8-1,111

Laws 1935, c. 16, § 2, p. 91; C.S.Supp.,1941, § 8-1,102; R.S.1943, § 8-197; Laws 1963, c. 29, § 111, p. 181; Laws 2017, LB 140, § 108.
Amended by Laws 2017, LB 140,§ 108, eff. 8/24/2017, op. 8/24/2017.