Nebraska § 21-2307 Board of directors; qualifications; expenses; public meetings

Nebraska Statutes

§ 21-2307 — Board of directors; qualifications; expenses; public meetings

Nebraska § 21-2307

Ch. 21Corporations and Other Companies

This text of Nebraska § 21-2307 (Board of directors; qualifications; expenses; public meetings) 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. § 21-2307 (2026).

Text

The corporation shall have a board of directors in which all powers of the corporation shall be vested and which shall consist of any number of directors, not less than three, all of whom shall be duly qualified electors of and taxpayers in the local political subdivision. The directors shall serve without compensation, except that they shall be reimbursed for expenses incurred in the performance of their duties under the Nebraska Industrial Development Corporation Act pursuant to sections  81-1174  to  81-1177 . The directors shall be elected by the governing body of the local political subdivision. Any meeting held by the board of directors for any purpose shall be open to the public.

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The corporation shall have a board of directors in which all powers of the corporation shall be vested and which shall consist of any number of directors, not less than three, all of whom shall be duly qualified electors of and taxpayers in the local political subdivision. The directors shall serve without compensation, except that they shall be reimbursed for expenses incurred in the performance of their duties under the Nebraska Industrial Development Corporation Act pursuant to sections 81-1174 to 81-1177 . The directors shall be elected by the governing body of the local political subdivision. Any meeting held by the board of directors for any purpose shall be open to the public.