45 Neb. Admin. Code, ch. 16, § 001 - SCOPE AND APPLICATION

001.01 Neb. Rev. Stat. § 8-141 provides that loans or extensions of credit to any person, partnership, limited liability company, association, or corporation which are properly secured by a segregated deposit account in the lending bank shall not be subject to any limitation based on paid-up capital, surplus, and capital notes and debentures, or any limitation based on unimpaired capital and unimpaired surplus.

Notes

45 Neb. Admin. Code, ch. 16, § 001
Amended effective 11/25/2023

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