Opinion No. (1985)

REQUESTED BY: Senator Bill Harris 1017 State Capitol Lincoln, NE 68509

Dear Senator Harris:

You have requested our opinion regarding an amendment to LB 452, which would allow an out-of-state bank holding company to acquire a "problem bank" in Nebraska. Specifically, you have asked us whether allowing a bank holding company to come into the state for such a limited purpose would, in fact, allow entry of all out-of-state bank holding companies into the state for all purposes. It is our opinion that such limited entry for out-of-state bank holding companies, as proposed by the amendment to LB 452,…