Session Review: Banking, Commerce and Insurance
A comprehensive update of Nebraska’s banking and securities laws was approved this session, along with changes to insurance regulation and commerce promotion.
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Search Results for: billSearch_LB72_Regular_2017
City bankruptcy tied to pension funding level
Cities with pension plans not funded to a certain level may not file for bankruptcy under a bill passed by the Legislature May 18.
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Bill amended to tie city bankruptcy to pension funding level
Cities with pension plans not funded to a certain level would be unable to file for bankruptcy under a bill lawmakers amended on the second round of debate May 15.
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Priority for holders of government bonds advanced
Senators advanced a bill April 12 that would create a statutory lien on government bonds to ensure that bondholders are paid first if the issuing government entity goes bankrupt.
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