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2006 Nebraska Revised Statutes - § 31-432 — Director conveying or losing interest in land; vacancy created.

Section 31-432
Director conveying or losing interest in land; vacancy created.

If any director shall sell and convey his assessed realty and not be an officer of a company interested, he shall no longer serve as director or officer.


Source:
    Laws 1907, c. 153, § 26, p. 484

    R.S.1913, § 1896

    C.S.1922, § 1844

    C.S.1929, § 31-532



~Reissue Revised Statutes of Nebraska

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