Nebraska Revised Statute 8-169

Chapter 8 Section 169

8-169.

Banks; reports; published statements; failure to make; penalty, recovery.

Any bank that fails, neglects, or refuses to make or furnish any report or any published statement required by the Nebraska Banking Act shall pay to the department a penalty of fifty dollars for each day such failure shall continue, unless the director shall extend the time for filing such report.

Source

  • Laws 1909, c. 10, § 20, p. 76;
  • R.S.1913, § 299;
  • Laws 1919, c. 190, tit. V, art. XVI, § 20, p. 693;
  • C.S.1922, § 8001;
  • C.S.1929, § 8-132;
  • Laws 1933, c. 18, § 22, p. 146;
  • C.S.Supp.,1941, § 8-132;
  • R.S.1943, § 8-134;
  • R.R.S.1943, § 8-134;
  • Laws 1963, c. 29, § 59, p. 162;
  • Laws 1973, LB 164, § 18;
  • Laws 1998, LB 1321, § 14;
  • Laws 2017, LB140, § 67.
  • Operative Date: August 24, 2017

Annotations

  • This section is referred to as providing penalty in contrasting this section with another section of the banking act which failed to provide a penalty, and holding that the failure to provide a penalty disclosed legislative intent that statute should be directory rather than mandatory. State ex rel. Davis v. Farmers State Bank of Winside, 112 Neb. 597, 200 N.W. 173 (1924).