Nebraska Statutes

§ 8-217 — Pledged securities; substitute; when required

Nebraska·Ch. 8 Banks and Banking
If the interest on any security pledged as provided in section 8-209 remains unpaid for thirty days after maturity, the trust company shall substitute other securities therefor.

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Legislative History

Source: Laws 1919, c. 190, tit. V, art. XVIII, § 14, p. 722; C.S.1922, § 8076; C.S.1929, § 8-214; Laws 1933, c. 18, § 80, p. 176; C.S.Supp.,1941, § 8-214; R.S.1943, § 8-217; Laws 1993, LB 81, § 31.

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