Judges: WRITTEN BY: A. Eugene Crump, Deputy Attorney General; Timothy E. Divis, Assistant Attorney General, 2115 State Capitol, Lincoln, NE 68509
Filed Date: 1/31/1985
Status: Precedential
Modified Date: 7/5/2016
REQUESTED BY: Roger M. Beverage, Director, Department of Banking and Finance, 301 Centennial Mall South, Lincoln, NE 68509 If a bank is located outside the corporate limits of a city, what are the restrictions, if any, on where an auxiliary office can be located?
Such a bank may not have auxiliary offices.
The Department of Banking and Finance is authorized to issue a charter to a bank which will be located outside the corporate limits of a city or village. Neb.Rev.Stat.
The question has then arisen as to whether or not a bank located outside of the corporate limits of a city or village may have auxiliary offices. It is our opinion that it may not. Neb.Rev.Stat. §
While the failure by the Legislature to provide a mechanism for auxiliary banking for banks located outside the corporate limits of a village or city may have been a mere oversight, without an exception to the general rule providing for no branch banking, auxiliary offices for such a bank may not be allowed.
Very truly yours,
A. EUGENE CRUMP Deputy Attorney General
Timothy E. Divis Assistant Attorney General
APPROVED:
A. Eugene Crump Deputy Attorney General