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2016 Nebraska Revised Statutes
Chapter 76 - REAL PROPERTY
76-407 Corporations; violations; penalties.

NE Code § 76-407 (2016) What's This?

76-407. Corporations; violations; penalties.

Any such corporation violating the provisions of section 76-406 shall be construed and held to be an alien and within the provisions of sections 76-401 to 76-415 applicable to alien persons. Any such domestic corporation violating the provisions of section 76-406 shall forfeit its charter and be dissolved. Any such foreign corporation violating the provisions of said section shall forfeit its right to do business in the State of Nebraska.

Source

  • Laws 1921, c. 142, § 1, p. 608;
  • C.S.1922, § 5687;
  • C.S.1929, § 76-502;
  • Laws 1939, c. 97, § 1, p. 417;
  • C.S.Supp.,1941, § 76-502;
  • R.S.1943, § 76-407.

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