Nebraska § 21-251 Corporation's acquisition of its own
shares

Nebraska Statutes

§ 21-251 — Corporation's acquisition of its own shares

Nebraska § 21-251

Ch. 21Corporations and Other Companies

This text of Nebraska § 21-251 (Corporation's acquisition of its own shares) 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. § 21-251 (2026).

Text

(MBCA 6.31) (a) A corporation may acquire its own shares, and shares so acquired constitute authorized but unissued shares.

(b)If the articles of incorporation prohibit the reissue of the acquired shares, the number of authorized shares is reduced by the number of shares acquired.

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