Nebraska Statutes

§ 21-1947 — Termination, expulsion, and suspension

Nebraska § 21-1947
JurisdictionNebraska
Ch. 21Corporations and Other Companies

This text of Nebraska § 21-1947 (Termination, expulsion, and suspension) 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. § 21-1947 (2026).

Text

(a)No member of a public benefit or mutual benefit corporation may be expelled or suspended, and no membership or memberships in such corporations may be terminated or suspended except pursuant to a procedure that is fair and reasonable and is carried out in good faith.
(b)A procedure is fair and reasonable when either:
(1)The articles or bylaws set forth a procedure that provides:
(i)Not less than fifteen days' prior written notice of the expulsion, suspension, or termination and the reasons therefor; and
(ii)An opportunity for the member to be heard, orally or in writing, not less than five days before the effective date of the expulsion, suspension, or termination by a person or persons authorized to decide that the proposed expulsion, suspension, or termination not take place; or

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Legislative History

Source: Laws 1996, LB 681, § 47.

Nearby Sections

15
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Bluebook (online)
Nebraska § 21-1947, Counsel Stack Legal Research, https://law.counselstack.com/statute/ne/21-1947.