Nebraska § 8-708 Insolvent bank; Federal Deposit Insurance Corporation as receiver or liquidator; title to property

Nebraska Statutes

§ 8-708 — Insolvent bank; Federal Deposit Insurance Corporation as receiver or liquidator; title to property

Nebraska § 8-708

Ch. 8Banks and Banking

This text of Nebraska § 8-708 (Insolvent bank; Federal Deposit Insurance Corporation as receiver or liquidator; title to property) 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. § 8-708 (2026).

Text

Upon the acceptance of the appointment of receiver or liquidator aforesaid by the Federal Deposit Insurance Corporation, the possession of and title to all the assets, business and property of such banking institution of every kind and nature shall pass to and vest in said corporation and without the execution of any instruments of conveyance, assignment, transfer or endorsement.

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