Nebraska Statutes 8-217. Pledged securities; substitute; when required
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If the interest on any security pledged as provided in section 8-209 remains unpaid for thirty days after maturity, the trust company shall substitute other securities therefor.
Source
- Laws 1919, c. 190, tit. V, art. XVIII, § 14, p. 722;
- C.S.1922, § 8076;
- C.S.1929, § 8-214;
- Laws 1933, c. 18, § 80, p. 176;
- C.S.Supp.,1941, § 8-214;
- R.S.1943, § 8-217;
- Laws 1993, LB 81, § 31.
Terms Used In Nebraska Statutes 8-217
- Company shall: include any corporation, partnership, limited liability company, joint-stock company, joint venture, or association. See Nebraska Statutes 49-801