Nebraska Statutes 8-138. Deposits; receiving when insolvent; prohibition; penalty
Current as of: 2023 | Check for updates
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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.
Source
- Laws 1909, c. 10, § 30, p. 80;
- R.S.1913, § 309;
- Laws 1919, c. 190, tit. V, art. XVI, § 30, p. 697;
- C.S.1922, § 8010;
- C.S.1929, § 8-147;
- R.S.1943, § 8-147;
- Laws 1963, c. 29, § 38, p. 149;
- Laws 1977, LB 40, § 44;
- Laws 2017, LB140, § 35.
Attorney's Note
Under the Nebraska Statutes, punishments for crimes depend on the classification. In the case of this section:| Class | Prison | Fine |
|---|---|---|
| Class III felony | up to 4 years | up to $25,000 |
Terms Used In Nebraska Statutes 8-138
- United States: shall include territories, outlying possessions, and the District of Columbia. See Nebraska Statutes 49-801