Nebraska Statutes

§ 21-1755 — Central credit union; purchase of credit union

Nebraska·Ch. 21 Corporations and Other Companies
With the approval of the department, a central credit union established under section 21-1752 may purchase the assets, assume the liabilities, and accept the membership of a credit union. Such purchase shall be approved by at least a two-thirds majority of the board of directors or the duly appointed trustees of the credit union to be sold.

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Nebraska § 21-1755 (Central credit union; purchase of credit union) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: Laws 1996, LB 948, § 55; Laws 2002, LB 1094, § 11.

Nearby Sections

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