Nebraska Statutes
§ 21-251 — Corporation's acquisition of its own shares
Nebraska·Ch. 21 Corporations and Other Companies
(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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Related
Hohenstein v. Hohenstein
(Nebraska Court of Appeals, 2025)
Legislative History
Source: Laws 2014, LB749, § 51.
Nearby Sections
15
§ 21-1001
Repealed. Laws 1967, c. 102, § 1§ 21-1002
Repealed. Laws 1967, c. 102, § 1§ 21-1003
Repealed. Laws 1967, c. 102, § 1§ 21-1004
Repealed. Laws 1967, c. 102, § 1§ 21-1005
Repealed. Laws 1967, c. 102, § 1§ 21-1006
Repealed. Laws 1967, c. 102, § 1§ 21-1007
Repealed. Laws 1967, c. 102, § 1§ 21-1008
Repealed. Laws 1967, c. 102, § 1§ 21-1009
Repealed. Laws 1967, c. 102, § 1§ 21-101
Act, how cited§ 21-1010
Repealed. Laws 1967, c. 102, § 1§ 21-1011
Repealed. Laws 1967, c. 102, § 1§ 21-1012
Repealed. Laws 1967, c. 102, § 1§ 21-1013
Repealed. Laws 1967, c. 102, § 1§ 21-1014
Repealed. Laws 1967, c. 102, § 1