Nebraska § 8-3205 Requirements for special deposit

Nebraska Statutes

§ 8-3205 — Requirements for special deposit

Nebraska·Ch. 8 Banks and Banking

A deposit is a special deposit if it is:

(1)a deposit of funds in a financial institution under an account agreement;

(2)for the benefit of at least two beneficiaries, one or more of which may be a depositor;

(3)denominated in a medium of exchange that is currently authorized or adopted by a domestic or foreign government;

(4)for a permissible purpose stated in the account agreement; and

(5)subject to a contingency.

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A deposit is a special deposit if it is:
(1) a deposit of funds in a financial institution under an account agreement;
(2) for the benefit of at least two beneficiaries, one or more of which may be a depositor;
(3) denominated in a medium of exchange that is currently authorized or adopted by a domestic or foreign government;
(4) for a permissible purpose stated in the account agreement; and
(5) subject to a contingency.

Nebraska § 8-3205 (Requirements for special deposit) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.