8-148.01. Corporation operating a computer center; investment of funds; limitation.
74 words·~1 min read·
/ne/chapter-8/8-148-01A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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 .