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Nebraska Revised Statutes Chapter 49. Law § 49-1497. Financial institution, defined; irrevocable trust; how treated

Current as of January 01, 2024 | Updated by Findlaw Staff

(1) For purposes of section 49-1496, financial institution means:

(a) A bank or banking corporation as defined in section 8-101.03;

(b) A federal bank or branch bank;

(c) An insurance company providing a loan on an insurance policy;

(d) A small loan company;

(e) A state or federal savings and loan association or credit union; or

(f) The federal government or any political subdivision thereof.

(2) The res or the income of an irrevocable trust of a member of the individual's immediate family is not required to be reported pursuant to section 49-1496.

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Cite this article: FindLaw.com - Nebraska Revised Statutes Chapter 49. Law § 49-1497. Financial institution, defined; irrevocable trust; how treated - last updated January 01, 2024 | https://codes.findlaw.com/ne/chapter-49-law/ne-rev-st-sect-49-1497/

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