Nebraska Statutes 8-148.01. Corporation operating a computer center; investment of funds; limitation
Current as of: 2024 | Check for updates
|
Other versions
Any bank may invest not more than ten percent of its capital and surplus either in stock of a corporation operating a computer center or directly, alone or with others, in a computer center. With written approval of the director, such additional percentage of its capital and surplus may be so invested as the director shall approve. Such investment is not subject to the provisions of sections 8-148, 8-149, and 8-150.
Terms Used In Nebraska Statutes 8-148.01
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.