Nebraska § 8-142 Loans; excessive amount; violations;
penalty

Nebraska Statutes

§ 8-142 — Loans; excessive amount; violations; penalty

Nebraska·Ch. 8 Banks and Banking

Any officer, employee, director, or agent of any bank who knowingly violates or knowingly permits a violation of section 8-141 is guilty of:

(1)A Class IV felony when the violation, either separately or as part of one scheme or course of conduct, results in the insolvency of the bank;

(2)A Class I misdemeanor when the violation, either separately or as part of one scheme or course of conduct,

(a)results in a monetary loss to the bank of over twenty thousand dollars or (b) exceeds the authorized limit under section 8-141 by forty thousand dollars or more;

(3)A Class II misdemeanor when the violation, either separately or as part of one scheme or course of conduct, (a) results in a monetary loss to the bank of ten thousand dollars or more, but not more than twenty thousand dollars, o

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Any officer, employee, director, or agent of any bank who knowingly violates or knowingly permits a
violation of section 8-141 is guilty of:
(1) A Class IV felony
when the violation, either separately or as part of one scheme or course of
conduct, results in the insolvency of the bank;
(2) A Class I misdemeanor when the
violation, either separately or as part of one scheme or course of conduct,
(a) results in a monetary loss to the bank of over twenty thousand dollars
or (b) exceeds the authorized limit under section 8-141 by forty thousand
dollars or more;
(3)
A Class II misdemeanor when the violation, either separately or as part of
one scheme or course of conduct, (a) results in a monetary loss to the bank
of ten thousand dollars or more, but not more than twenty thousand dollars,
or (b) exceeds the authorized limit under section 8-141 by twenty thousand
dollars or more, but less than forty thousand dollars; or
(4) A Class III misdemeanor
when the violation, either separately or as part of one scheme or course of
conduct, (a) results in no monetary loss to the bank or a monetary loss to
the bank of less than ten thousand dollars, or (b) exceeds the authorized
limit under section 8-141 by ten thousand dollars or more, but less than twenty
thousand dollars.

Nebraska § 8-142 (Loans; excessive amount; violations; penalty) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: Laws 1909, c. 10, § 33, p. 82; R.S.1913, § 312; Laws 1919, c. 190, tit. V, art. XVI, § 33, p. 698; Laws 1921, c. 313, § 1, p. 1002; C.S.1922, § 8013; Laws 1923, c. 191, § 45, p. 461; C.S.1929, § 8-150; Laws 1933, c. 18, § 33, p. 152; C.S.Supp.,1941, § 8-150; Laws 1943, c. 9, § 1(2), p. 68; R.S.1943, § 8-151; Laws 1963, c. 29, § 42, p. 152; Laws 1977, LB 40, § 47; Laws 2010, LB890, § 2.