Nebraska § 8-162 Banks; trust department; separation from other departments; powers; duties

Nebraska Statutes

§ 8-162 — Banks; trust department; separation from other departments; powers; duties

Nebraska § 8-162

Ch. 8Banks and Banking

This text of Nebraska § 8-162 (Banks; trust department; separation from other departments; powers; duties) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 8-162 (2026).

Text

The trust department of a bank when chartered under sections  8-159  to  8-161  shall be separate and apart from every other department of the bank and shall have all of the powers, duties, and obligations of a trust company provided in the Nebraska Trust Company Act.

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Legislative History

Source: Laws 1959, c. 19, § 4, p. 144; Laws 1961, c. 14, § 7, p. 108; R.R.S.1943, § 8-1,121; Laws 1963, c. 29, § 62, p. 159; Laws 1993, LB 81, § 12; Laws 1998, LB 1321, § 13. Cross References: Nebraska Trust Company Act, see section 8-201.01.