Nebraska Revised Statutes Chapter 8. Banks and Banking § 8-205. Capital stock; amount required; exception; impairment of capital stock; department; powers

(2)(a) Corporations, except a bank authorized to operate a trust department, authorized to transact business as a trust company under the act before August 1, 2000, shall, on or after such date, maintain a capital stock of at least two hundred thousand dollars in cities of at least one hundred thousand or more inhabitants, one hundred thousand dollars in cities of at least fifty thousand inhabitants but fewer than one hundred thousand inhabitants, fifty thousand dollars in cities of at least ten thousand inhabitants but fewer than fifty thousand inhabitants, and twenty-five thousand dollars in cities and villages of fewer than ten thousand inhabitants. The population of a city for purposes of this subsection shall be the population as determined by the most recent federal decennial census or the most recent revised certified count by the United States Bureau of the Census.

(b) A corporation, except a bank authorized to operate a trust department, authorized to transact business as a trust company under the act before August 1, 2000, subject to the capital stock requirement of subdivision (2)(a) of this section, which complies with the capital stock requirement of subsection (1) of this section, shall be subject to the capital stock requirement of subsection (1) of this section and shall maintain a capital stock of at least the minimum amount required by subsection (1) of this section.

(c) A corporation, except a bank authorized to operate a trust department, authorized to transact business as a trust company under the act before August 1, 2000, subject to the capital stock requirement of subdivision (2)(a) of this section, which complies with the capital stock requirement of a corporation located in a larger city pursuant to subdivision (2)(a) of this section, shall be subject to the capital stock requirement of such a corporation located in a larger city pursuant to subdivision (2)(a) of this section and shall maintain a capital stock of at least the minimum amount required for such a corporation located in a larger city pursuant to subdivision (2)(a) of this section.

(d) A capital stock requirement once attained by a corporation pursuant to either this subsection or subsection (1) of this section shall not be reduced.