State Codes and Statutes

State Codes and Statutes

Statutes > Nebraska > Chapter8 > 8-203

8-203. General powers.The trust company shall have power:(1) To have a corporate name;(2) To have a corporate seal;(3) To sue and be sued and complain and defend in all courts of law and equity;(4) To receive reasonable compensation for all services performed by it under the Nebraska Trust Company Act;(5) To make bylaws not inconsistent with the act or its articles of incorporation for the management of its affairs; and(6) To appoint or elect such officers and agents as the business of the corporation may require. SourceLaws 1911, c. 31, § 2, p. 188; R.S.1913, § 740; Laws 1919, c. 190, tit. V, art. XVIII, § 4, p. 718; C.S.1922, § 8065; C.S.1929, § 8-203; R.S.1943, § 8-203; Laws 1993, LB 81, § 16; Laws 1998, LB 1321, § 35.