National or state bank; conversion, merger, or consolidation; resulting bank; assets; valuation.

1. Law
2. Nebraska Revised Statutes
3. Banks and Banking
4. National or state bank; conversion, merger, or consolidation; resulting bank; assets; valuation.

8-183. National or state bank; conversion, merger, or consolidation; resulting bank; assets; valuation.

Without approval by the director, no asset shall be carried on the books of the bank resulting pursuant to section 8-181, when the resulting bank is a state bank, at a valuation higher than that on the books of the converting, merging, or consolidating bank at the time of the examination, by a state or national bank examiner, last occurring before the effective date of the conversion, merger, or consolidation.

Source

• Laws 1951, c. 11, § 1(6), p. 86;
• R.R.S.1943, § 8-165.05;
• Laws 1963, c. 29, § 83, p. 167;
• Laws 2017, LB140, § 78.

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