There is a newer version
of
this Statute
2020 Nebraska Revised Statutes
Chapter 21 - Corporations and Other Companies
21-1960 Voting entitlement generally.
Universal Citation: NE Code § 21-1960 (2020)
21-1960. Voting entitlement generally.
(a) Unless the articles or bylaws provide otherwise, each member is entitled to one vote on each matter voted on by the members.
(b) Unless the articles or bylaws provide otherwise, if a membership stands of record in the names of two or more persons, their acts with respect to voting shall have the following effect:
(1) If only one votes, such act binds all; and
(2) If more than one votes, the vote shall be divided on a pro rata basis.
Source
- Laws 1996, LB 681, ยง 60.
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.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
