Nebraska § 8-203 General powers

Nebraska Statutes

§ 8-203 — General powers

Nebraska·Ch. 8 Banks and Banking

The trust company shall have power:

(1)To have a corporate name;

(2)To have a corporate seal;

(3)To sue and be sued and complain and defend in all courts of law and equity;

(4)To receive reasonable compensation for all services performed by it under the Nebraska Trust Company Act;

(5)To make bylaws not inconsistent with the act or its articles of incorporation for the management of its affairs; and

(6)To appoint or elect such officers and agents as the business of the corporation may require.

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The trust company shall have power:
(1) To have a corporate name;
(2) To have a corporate seal;
(3) To sue and be sued and complain and defend in all courts of law and equity;
(4) To receive reasonable compensation for all services performed by it under the Nebraska Trust Company Act;
(5) To make bylaws not inconsistent with the act or its articles of incorporation for the management of its affairs; and
(6) To appoint or elect such officers and agents as the business of the corporation may require.

Nebraska § 8-203 (General powers) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: Laws 1911, c. 31, § 2, p. 188; R.S.1913, § 740; Laws 1919, c. 190, tit. V, art. XVIII, § 4, p. 718; C.S.1922, § 8065; C.S.1929, § 8-203; R.S.1943, § 8-203; Laws 1993, LB 81, § 16; Laws 1998, LB 1321, § 35.