Nebraska § 8-3209 When creditor process enforceable against financial institution

Nebraska Statutes

§ 8-3209 — When creditor process enforceable against financial institution

Nebraska § 8-3209

Ch. 8Banks and Banking

This text of Nebraska § 8-3209 (When creditor process enforceable against financial institution) 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. § 8-3209 (2026).

Text

(a)Subject to subsection (b), creditor process with respect to a special deposit is not enforceable against the financial institution holding the special deposit.

(b)Creditor process is enforceable against the financial institution holding a special deposit with respect to an amount the financial institution is obligated to pay a beneficiary or a depositor if the process:

(1)is served on the financial institution;

(2)provides sufficient information to permit the financial institution to identify the depositor or the beneficiary from the financial institution's books and records; and

(3)gives the financial institution a reasonable opportunity to act on the process.

(c)Creditor process served on a financial institution before it is enforceable against the financial institution under su

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(a) Subject to subsection (b), creditor process with respect to a special deposit is not enforceable against the financial institution holding the special deposit.
(b) Creditor process is enforceable against the financial institution holding a special deposit with respect to an amount the financial institution is obligated to pay a beneficiary or a depositor if the process:
(1) is served on the financial institution;
(2) provides sufficient information to permit the financial institution to identify the depositor or the beneficiary from the financial institution's books and records; and
(3) gives the financial institution a reasonable opportunity to act on the process.
(c) Creditor process served on a financial institution before it is enforceable against the financial institution under subsection (b) does not create a right of the creditor against the financial institution or a duty of the financial institution to the creditor. Other law determines whether creditor process creates a lien enforceable against the beneficiary on a contingent interest of a beneficiary, including a depositor as a beneficiary, even if not enforceable against the financial institution.