8-148.07. Bank subsidiary; authorized activities.
68 words·~1 min read·
/ne/chapter-8/8-148-07A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A bank subsidiary shall engage in only those activities:
(1)Prescribed under subdivision
(6)of section 8-101.03 ; or
(2)That its bank shareholder, shareholders, member, members, investor, or investors are authorized to perform under the laws of this state and shall engage in those activities only at locations in this state where the bank shareholder, shareholders, member, members, investor, or investors could be authorized to perform activities.