Nebraska Revised Statutes
Neb. Rev. Stat. § 8-138 (2026)
Deposits; receiving when insolvent; prohibition; penalty
✓ current as of July 2026
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No bank shall accept or receive on deposit for any purpose any money, bank bills, United States treasury notes or currency, or other notes, bills, checks, drafts, credits, or currency, when such bank is insolvent. If any bank receives or accepts on deposit any such deposits when such bank is insolvent, the officer, agent, or employee knowingly receiving or accepting or being accessory to, permitting, or conniving at the receiving or accepting on deposit of such bank any such deposit, is guilty of a Class III felony.
Notes of Decisions
Cited in 1
case, 1995–1995 · leading case: Wrede v. Exch. Bank of Gibbon, 531 N.W.2d 523 (Neb. 1995).
Wrede v. Exch. Bank of Gibbon, 531 N.W.2d 523 (Neb. 1995). “Under the circumstances, certificate of deposit 12024 was not a security as contemplated by the Securities Act of Nebraska; thus, if for no other reason, the district court correctly determined that there had been no violation of that act.”
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