45 NAC 16-001. SCOPE AND APPLICATION

001 SCOPE AND APPLICATION. 001.01 Neb. Rev. Stat. § 8-141 provides that loans or extensions of credit to any person, partnership, limited liability company, association, or corporation which are properly secured by a segregated deposit account in the lending bank shall not be subject to any limitation based on paid-up capital, surplus, and capital notes and debentures, or any limitation based on unimpaired capital and unimpaired surplus. 001.02 For purposes of this Rule, “unimpaired capital” is as defined in Neb. Rev. Stat. § 8-141.