Change provisions relating to the board of directors of a bank
LB 39 modifies Nebraska's banking law to require banks to notify the Department of Banking and Finance within 30 days of any vacancy on their board of directors. It also mandates that banks fill such vacancies within 90 days through appointment by remaining directors, unless at least five directors remain (in which case filling becomes optional). The bill repeals the previous notification and vacancy-filling rules, replacing them with these updated timelines and procedures. This directly affects all Nebraska-chartered banks operating under the state's banking regulations.
Bill status
died
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2025
Last action Apr 17, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
5
Key actions
0
Committee
2
Apr 17, 2026
Committee
Indefinitely postponed
legislature
Jan 13, 2025
Committee
Referred to Banking, Commerce and Insurance Committee
legislature
Jan 9, 2025
Introduced
Date of introduction
legislature
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Mike Jacobson
NNonpartisan
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