Neb. Rev. Stat. §§ 8-227

Current with changes through the 2024 First Special Legislative Session
Section 8-227 - State trust company; merger or consolidation with national banking association; procedure

Any state trust company, with the approval of the Department of Banking and Finance, may, upon a vote of the holders of at least two-thirds of its capital stock, merge or consolidate with a national banking association, as provided by federal law, by causing a certificate to be filed with the Department of Banking and Finance setting forth the resolution of the stockholders of the state trust company and that the resolution has been duly adopted by the holders of at least two-thirds of the capital stock of the trust company.

Neb. Rev. Stat. §§ 8-227

Laws 1959, c. 20, § 1, p. 145; Laws 1993, LB 81, § 43.