The first session of the 103rd Nebraska Legislature is nearly one-third complete. Here is an update on the bills we are tracking related to real property, renewable energy and municipal law. 103rd Nebraska Legislature, First Session: Real Estate, Renewable Energy and Municipal Law Update Copies of the bills and information […]
Publications
Congress Eliminates ATM Fee Notice Requirements And Provides Protection For Bank Information Provided To CFPB
Congress has finally acted to address two issues that we have addressed in past issues of this Update. One issue we have addressed in the past that has impacted many banks involved frivolous class action lawsuits filed under the auspices of the Electronic Fund Transfer Act. Such claims involved users […]
New Power-of-Attorney Rules in Nebraska Present Pros and Cons for Bankers
The Nebraska Uniform Power of Attorney Act (the “Act”) took effect on January 1, 2013, providing more detailed guidance for those attorneys-in-fact named on a durable power of attorney (defined as “agents” in the Act). The Act also provides safeguards to third parties working with agents, as well as imposing […]
Whistleblower Protection Under the Dodd-Frank Act—Early Lessons from Case Law
In response to the 2008 financial crisis, Congress in 2010 enacted the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “DFA” or “Act”) to improve the accountability and the transparency of the financial system. One critical provision of the DFA is a section entitled “Securities Whistleblower Incentives and Protection,” […]
Employers Must Use Revised FCRA Forms
For employers performing backgroundchecks, the standard notices that employers routinely use to fulfill their obligations under the Fair Credit Reporting Act (FCRA) have been revised by the Consumer Financial Protection Bureau (CFPB). Use of the new forms was required effective January 1, 2013. Consumer reports are routinely used by […]