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2009 Nebraska Code
Chapter 21 CORPORATIONS AND OTHER COMPANIES
21-2075 Derivative proceedings; discontinuance or settlement.

21-2075. Derivative proceedings; discontinuance or settlement.

A derivative proceeding may not be discontinued or settled without the court's approval. If the court determines that a proposed discontinuance or settlement will substantially affect the interests of the corporation's shareholders or a class of shareholders, the court shall direct that notice be given to the shareholders affected.

Source
    Laws 1995, LB 109, ยง 75.



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