Nebraska § 8-3205 Requirements for special deposit

Nebraska Statutes

§ 8-3205 — Requirements for special deposit

Nebraska § 8-3205

Ch. 8Banks and Banking

This text of Nebraska § 8-3205 (Requirements for special deposit) 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. § 8-3205 (2026).

Text

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.