8-142 Loans; excessive amount; violations; penalty. - Nebraska Statutes

8-142. Loans; excessive amount; violations;penalty.Any officer, employee, director, or agent of any bank who knowingly violates or knowingly permits aviolation of section 8-141 is guilty of:(1) A Class IV felonywhen the violation, either separately or as part of one scheme or course ofconduct, results in the insolvency of the bank;(2) A Class I misdemeanor when theviolation, either separately or as part of one scheme or course of conduct,(a) results in a monetary loss to the bank of over twenty thousand dollarsor (b) exceeds the authorized limit under section 8-141 by forty thousanddollars or more;(3)A Class II misdemeanor when the violation, either separately or as part ofone scheme or course of conduct, (a) results in a monetary loss to the bankof ten thousand dollars or more, but not more than twenty thousand dollars,or (b) exceeds the authorized limit under section 8-141 by twenty thousanddollars or more, but less than forty thousand dollars; or(4) A Class III misdemeanorwhen the violation, either separately or as part of one scheme or course ofconduct, (a) results in no monetary loss to the bank or a monetary loss tothe bank of less than ten thousand dollars, or (b) exceeds the authorizedlimit under section 8-141 by ten thousand dollars or more, but less than twentythousand dollars. SourceLaws 1909, c. 10, § 33, p. 82; R.S.1913, § 312; Laws 1919, c. 190, tit. V, art. XVI, § 33, p. 698; Laws 1921, c. 313, § 1, p. 1002; C.S.1922, § 8013; Laws 1923, c. 191, § 45, p. 461; C.S.1929, § 8-150; Laws 1933, c. 18, § 33, p. 152; C.S.Supp.,1941, § 8-150; Laws 1943, c. 9, § 1(2), p. 68; R.S.1943, § 8-151; Laws 1963, c. 29, § 42, p. 152; Laws 1977, LB 40, § 47; Laws 2010, LB890, § 2.Operative Date: July 15, 2010