Nebraska Statutes

§ 21-2452 — Business combination; prohibited activities

Nebraska·Ch. 21 Corporations and Other Companies
Except as provided in section 21-2453 , no issuing public corporation shall engage in any business combination with any interested shareholder of the issuing public corporation for a period of five years after the interested shareholder's share acquisition date unless the business combination or the acquisition of shares made by the interested shareholder on the interested shareholder's share acquisition date is approved by the board of directors of the issuing public corporation prior to the interested shareholder's share acquisition date.

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Nebraska § 21-2452 (Business combination; prohibited activities) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: Laws 1988, LB 1110, § 22.

Nearby Sections

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