Section 45-18-001 - SCOPE AND APPLICATION001.01 Neb. Rev. Stat. § 8-148 provides that a bank may subscribe to, invest, purchase, and own shares of investment companies.001.02 Such investments include only the purchase of shares of an investment company registered under the Investment Company Act of 1940.001.03 This rule addresses a state bank's purchases of investment company shares for its own account.001.04 For purposes of this Rule: 001.04A "Obligations that are eligible for investment" means those specified in Neb. Rev. Stat. §§ 8-141, 8-147, 8-148, 8-148.01, 8-148.02, 8-148.03, 8-148.05, and 8-148.10.001.04B "Unimpaired capital" is as defined in Neb. Rev. Stat. § 8-141.45 Neb. Admin. Code, ch. 18, § 001
Amended effective 11/25/2023