Nebraska § 21-1942 Transfers

Nebraska Statutes

§ 21-1942 — Transfers

Nebraska § 21-1942

Ch. 21Corporations and Other Companies

This text of Nebraska § 21-1942 (Transfers) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 21-1942 (2026).

Text

(a)Except as set forth in or authorized by the articles or bylaws, no member of a mutual benefit corporation may transfer a membership or any right arising therefrom.

(b)No member of a public benefit or religious corporation may transfer a membership or any right arising therefrom.

(c)When transfer rights have been provided, no restriction on them shall be binding with respect to a member holding a membership issued prior to the adoption of the restriction unless the restriction is approved by the members and the affected member.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) Except as set forth in or authorized by the articles or bylaws, no member of a mutual benefit corporation may transfer a membership or any right arising therefrom.
(b) No member of a public benefit or religious corporation may transfer a membership or any right arising therefrom.
(c) When transfer rights have been provided, no restriction on them shall be binding with respect to a member holding a membership issued prior to the adoption of the restriction unless the restriction is approved by the members and the affected member.