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2018 Nebraska Revised Statutes
Chapter 21 - CORPORATIONS AND OTHER COMPANIES
21-528 Protected series may not be party to entity transaction.
Universal Citation:
NE Code § 21-528 (2018)
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21-528. Protected series may not be party to entity transaction.
A protected series may not:
(1) be an acquiring, acquired, converting, converted, merging, or surviving entity;
(2) participate in a domestication; or
(3) be a party to or be formed, organized, established, or created in a transaction substantially like a merger, interest exchange, conversion, or domestication.
Source
- Laws 2018, LB1121, ยง 29.
- Operative Date: January 1, 2021
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