Adopt changes to federal law regarding banking and finance, change provisions relating to control of certain banks and trust companies, digital asset depository institutions, interest rates on certain loans, installment loans, mortgage loan originators, mortgage bankers, and the Nebraska Money Transmitters Act, and change references to the Nebraska Money Transmitters Act in the Controllable Electronic Record Fraud Prevention Act

Summary

The bill revises multiple banking statutes to reflect recent federal changes, allowing anyone of any age to be a bank depositor and to lease safe‑deposit boxes. It also limits how much a bank can lend to a single borrower, with specific exceptions for livestock, U.S. government securities, warehouse receipts, and other marketable collateral. Additional updates affect digital‑asset depositories, interest‑rate caps, mortgage lenders, and references to the Money Transmitters Act.

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