There Is a Newer Version of the Nebraska Revised Statutes
  1. 2025 Nebraska Rev. Stat.
  2. 2024 Nebraska Rev. Stat.
  3. 2023 Nebraska Rev. Stat.
  4. 2009 Nebraska Rev. Stat. (here)
  5. View All Versions
View Our Newest Version Here

2009 Nebraska Code
Chapter 70 POWER DISTRICTS AND CORPORATIONS
70-718 Board of directors; number; powers; qualifications.

70-718. Board of directors; number; powers; qualifications.

The business and affairs of a corporation shall be managed by a board of directors, not less than five in number, which shall exercise all the powers of the corporation except such as are conferred upon the members by sections 70-701 to 70-738, by the articles of incorporation, or by the bylaws of the corporation. The bylaws may prescribe qualifications for directors.

Source
    Laws 1937, c. 50, § 18, p. 208;
    C.S.Supp.,1941, § 70-818;
    R.S.1943, § 70-718.



Disclaimer: These codes may not be the most recent version. Nebraska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.