Nebraska § 8-312 - Stock; enforcement of withdrawals by directors.
Full text of Nebraska Revised Statutes of Nebraska § 8-312 — Stock; enforcement of withdrawals by directors., with citation guidance and answers to common questions.
§ 8-312. Stock; enforcement of withdrawals by directors.
If the association has funds applicable for withdrawals and more than needed to retire the shares of members who have given written notice of an intention to withdraw, the directors may, if in their discretion it shall be for the best interests of the association, retire any unpledged shares by enforcing withdrawals of the same, subject to the approval and consent of the Department of Banking and Finance, and the owner or owners shall be paid the full credit value of such shares, which shall be the total of payments and dividends credited thereon less prior withdrawals, if any.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 8-312
What does Revised Statutes of Nebraska § 8-312 cover?
Section 8-312 ("Stock; enforcement of withdrawals by directors.") 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 § 8-312?
A common citation format is "Revised Statutes of Nebraska § 8-312" (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 § 8-312 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.