Nebraska § 21-243 Liability of shareholders

Nebraska Statutes

§ 21-243 — Liability of shareholders

Nebraska § 21-243

Ch. 21Corporations and Other Companies

This text of Nebraska § 21-243 (Liability 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. § 21-243 (2026).

Text

(MBCA 6.22) (a) A purchaser from a corporation of its own shares is not liable to the corporation or its creditors with respect to the shares except to pay the consideration for which the shares were authorized to be issued under section 21-242 or specified in the subscription agreement under section 21-241 .

(b)Unless otherwise provided in the articles of incorporation, a shareholder of a corporation is not personally liable for the acts or debts of the corporation, except that he or she may become personally liable by reason of his or her own acts or conduct.

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(MBCA 6.22) (a) A purchaser
from a corporation of its own shares is not liable to the corporation or its
creditors with respect to the shares except to pay the consideration for which
the shares were authorized to be issued under section 21-242 or specified
in the subscription agreement under section 21-241 .
(b) Unless otherwise provided
in the articles of incorporation, a shareholder of a corporation is not personally
liable for the acts or debts of the corporation, except that he or she may
become personally liable by reason of his or her own acts or conduct.