Nebraska § 8-310 - Stock; withdrawal; insufficient funds to meet notices; limit of loans; requirements.

Full text of Nebraska Revised Statutes of Nebraska § 8-310 — Stock; withdrawal; insufficient funds to meet notices; limit of loans; requirements., with citation guidance and answers to common questions.

§ 8-310. Stock; withdrawal; insufficient funds to meet notices; limit of loans; requirements.

So long as any association is delayed in meeting payment to withdrawing members due to insufficient funds applicable to such purpose, any loan made to a member shall be from funds not applicable for payment to withdrawing members, and shall not exceed one-half of the credit value of the member's stock unless secured also by the pledge of real estate. If the only security for such a loan be a pledge of the member's stock, the association shall take from the borrower a note for the payment thereof with interest, payable on demand, and a notice for withdrawal of sufficient of the stock to pay such note and interest unless such notice is already on file, and the association shall not demand payment of such note until it has funds available for the payment of the withdrawal notice in the sequence of its filing.

Source: official Nebraska text · Last verified 2026-08-27

Frequently Asked Questions About Nebraska § 8-310

What does Revised Statutes of Nebraska § 8-310 cover?

Section 8-310 ("Stock; withdrawal; insufficient funds to meet notices; limit of loans; requirements.") is part of the Revised Statutes of Nebraska, the codified statutory law of Nebraska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Nebraska § 8-310?

A common citation format is "Revised Statutes of Nebraska § 8-310" (Nebraska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Nebraska law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nebraska official source linked on this page or consult a licensed Nebraska attorney.

How does Nebraska § 8-310 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nebraska can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Nebraska.