A bank subsidiary shall engage in only those activities: (1) Prescribed under subdivision (6) of section 8-101.03 ; or (2) That its bank shareholder, shareholders, member, members, investor, or investors are authorized to perform under the laws of this state and shall engage in those activities only at locations in this state where the bank shareholder, shareholders, member, members, investor, or investors could be authorized to perform activities.
Neb. Rev. Stat. § 8-148.07
Bank subsidiary; authorized activities
Laws 1995, LB 384, § 3; Laws 2000, LB 932, § 2; Laws 2017, LB140, § 49; Laws 2022, LB707, § 13.
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.