Nebraska § 8-918 Unsafe or unauthorized activities;
powers of department

Nebraska Statutes

§ 8-918 — Unsafe or unauthorized activities; powers of department

Nebraska § 8-918

Ch. 8Banks and Banking

This text of Nebraska § 8-918 (Unsafe or unauthorized activities; powers of department) 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. § 8-918 (2026).

Text

If the department, upon investigation, determines that any officer or director of a bank holding company which owns or controls a state-chartered bank is conducting the business of the bank holding company or the business of its subsidiary state-chartered bank or banks in an unsafe or unauthorized manner or is endangering the interest of the bank holding company or the interest of its subsidiary state-chartered bank or banks, the department shall have authority, after notice and opportunity for hearing, to do any or all of the following:

(1)Remove such officer or director of the bank holding company from acting as an officer or director of the bank holding company; and (2) impose fines and order any other necessary corrective action against such officer or director pursuant to sections 8

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If
the department, upon investigation, determines that any officer or director
of a bank holding company which owns or controls a state-chartered bank is
conducting the business of the bank holding company or the business of its
subsidiary state-chartered bank or banks in an unsafe or unauthorized manner
or is endangering the interest of the bank holding company or the interest
of its subsidiary state-chartered bank or banks, the department shall have
authority, after notice and opportunity for hearing, to do any or all of the
following: (1) Remove such officer or director of the bank holding company
from acting as an officer or director of the bank holding company; and (2)
impose fines and order any other necessary corrective action against such
officer or director pursuant to sections 8-1,134 to 8-1,139 . The department
may adopt and promulgate rules and regulations to carry out this section.