8-2106 Interstate merger transaction; when prohibited. - Nebraska Statutes

State Codes and Statutes

Statutes > Nebraska > Chapter8 > 8-2106

8-2106. Interstate merger transaction; when prohibited.An interstate merger transaction shall not be permitted if, upon consummation of such transaction, the resulting bank or its bank holding company would have direct or indirect ownership or control of deposits in Nebraska in excess of fourteen percent of the total deposits of all banks in Nebraska, plus the total deposits, savings accounts, passbook accounts, and share accounts in savings and loan associations and building and loan associations in Nebraska, as determined by the director on the basis of the most recent calendar-year-end reports, except as provided in subsection (4), (5), or (6) of section 8-910. SourceLaws 1997, LB 351, § 6; Laws 2008, LB851, § 16.

State Codes and Statutes

Statutes > Nebraska > Chapter8 > 8-2106

8-2106. Interstate merger transaction; when prohibited.An interstate merger transaction shall not be permitted if, upon consummation of such transaction, the resulting bank or its bank holding company would have direct or indirect ownership or control of deposits in Nebraska in excess of fourteen percent of the total deposits of all banks in Nebraska, plus the total deposits, savings accounts, passbook accounts, and share accounts in savings and loan associations and building and loan associations in Nebraska, as determined by the director on the basis of the most recent calendar-year-end reports, except as provided in subsection (4), (5), or (6) of section 8-910. SourceLaws 1997, LB 351, § 6; Laws 2008, LB851, § 16.

State Codes and Statutes

Back To Homepage

State Codes and Statutes

Statutes > Nebraska > Chapter8 > 8-2106

8-2106. Interstate merger transaction; when prohibited.An interstate merger transaction shall not be permitted if, upon consummation of such transaction, the resulting bank or its bank holding company would have direct or indirect ownership or control of deposits in Nebraska in excess of fourteen percent of the total deposits of all banks in Nebraska, plus the total deposits, savings accounts, passbook accounts, and share accounts in savings and loan associations and building and loan associations in Nebraska, as determined by the director on the basis of the most recent calendar-year-end reports, except as provided in subsection (4), (5), or (6) of section 8-910. SourceLaws 1997, LB 351, § 6; Laws 2008, LB851, § 16.