Nebraska § 21-216 Number of shareholders

Nebraska Statutes

§ 21-216 — Number of shareholders

Nebraska § 21-216

Ch. 21Corporations and Other Companies

This text of Nebraska § 21-216 (Number of shareholders) 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. § 21-216 (2026).

Text

(MBCA 1.42) (a) For purposes of the Nebraska Model Business Corporation Act, the following identified as a shareholder in a corporation's current record of shareholders constitutes one shareholder:

(1)Three or fewer co-owners;

(2)A corporation, partnership, limited liability company, trust, estate, or other entity; or

(3)The trustees, guardians, custodians, or other fiduciaries of a single trust, estate, or account.

(b)For purposes of the act, shareholdings registered in substantially similar names constitute one shareholder if it is reasonable to believe that the names represent the same person.

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(MBCA 1.42) (a) For purposes of the Nebraska Model Business Corporation Act, the following identified as a shareholder in a corporation's current record of shareholders constitutes one shareholder:
(1) Three or fewer co-owners;
(2) A corporation, partnership, limited liability company, trust, estate, or other entity; or
(3) The trustees, guardians, custodians, or other fiduciaries of a single trust, estate, or account.
(b) For purposes of the act, shareholdings registered in substantially similar names constitute one shareholder if it is reasonable to believe that the names represent the same person.