Nebraska § 21-2317 Corporation incorporated under Nebraska Nonprofit Corporation Act; validated

Nebraska Statutes

§ 21-2317 — Corporation incorporated under Nebraska Nonprofit Corporation Act; validated

Nebraska·Ch. 21 Corporations and Other Companies

In all cases when there has been an attempt to incorporate a local political subdivision industrial development corporation under the provisions of the Nebraska Nonprofit Corporation Act, and articles of incorporation have been duly recorded and filed containing provisions substantially similar to those for incorporation under the provisions of the Nebraska Industrial Development Corporation Act, the corporation may, with the approval of the governing body of the local political subdivision in which it is located, become validated ab initio as a corporation organized under and governed by the act with respect to any bonds issued and all other matters concerning its affairs and business by executing and filing with the Secretary of State a certificate of its adoption of the act.

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In all cases when there has been an attempt to incorporate a local political subdivision industrial development corporation under the provisions of the Nebraska Nonprofit Corporation Act, and articles of incorporation have been duly recorded and filed containing provisions substantially similar to those for incorporation under the provisions of the Nebraska Industrial Development Corporation Act, the corporation may, with the approval of the governing body of the local political subdivision in which it is located, become validated ab initio as a corporation organized under and governed by the act with respect to any bonds issued and all other matters concerning its affairs and business by executing and filing with the Secretary of State a certificate of its adoption of the act.

Nebraska § 21-2317 (Corporation incorporated under Nebraska Nonprofit Corporation Act; validated) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: Laws 1972, LB 1517, § 18; Laws 1995, LB 494, § 17; Laws 1996, LB 681, § 182. Cross References: Nebraska Nonprofit Corporation Act, see section 21-1901.