to the law relating to extension of credit.3 These changes are made to establish as much parity as possible between state and national banks. Because the Financial Services Regulatory Relief Act of 2006 removed the requirement of executive officers to report outside indebtedness for national banks, LB279 removes those same requirements currently found at the state level. LB628 Legislative Bill 628 (LB628) was introduced on Jan. 31, 2023, by Sen. Mike Jacobson to amend sections of the Revised Uniform Limited Liability Act (RULLCA) and the Nebraska Professional Corporation Act (NPCA). This bill was brought by the Nebraska Secretary of State, seeking to address inconsistencies in the aforementioned acts. The amended sections relate to the filing requirements for professional services organized under those acts.4 LB628 was carried over to the second session and signed into law by Gov. Jim Pillen on Feb. 14, 2024. LB628 makes the following amendments to RULLCA and NPCA: RULLCA § 21-102 Two definitional changes: 1. A certificate of registration under RULLCA would also include the verification that all members, managers, professional employees and agents who are required by law to do so are duly licensed or otherwise legally authorized to render the professional service for which the limited liability company is organized to do business or ancillary service as those which the limited 800.228.2581 MHM.INC Now more than ever people want self-service options. With our core integrated ITMs we can make this a reality both in the lobby and in the drive-up of your branch. SELF-SERVICE BANKING 20 NEBRASKA BANKER
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