8-142. Loans; excessive amount; violations; penalty.
226 words·~1 min read·
/ne/chapter-8/8-142A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any officer, employee, director, or agent of any bank who knowingly violates or knowingly permits a violation of section 8-141 is guilty of:
(1)A Class IV felony when the violation, either separately or as part of one scheme or course of conduct, results in the insolvency of the bank;
(2)A Class I misdemeanor when the violation, either separately or as part of one scheme or course of conduct,
(a)results in a monetary loss to the bank of over twenty thousand dollars or
(b)exceeds the authorized limit under section 8-141 by forty thousand dollars or more;
(3)A Class II misdemeanor when the violation, either separately or as part of one scheme or course of conduct,
(a)results in a monetary loss to the bank of ten thousand dollars or more, but not more than twenty thousand dollars, or
(b)exceeds the authorized limit under section 8-141 by twenty thousand dollars or more, but less than forty thousand dollars; or
(4)A Class III misdemeanor when the violation, either separately or as part of one scheme or course of conduct,
(a)results in no monetary loss to the bank or a monetary loss to the bank of less than ten thousand dollars, or
(b)exceeds the authorized limit under section 8-141 by ten thousand dollars or more, but less than twenty thousand dollars.