Nebraska § 21-268 Action by single and multiple voting
groups

Nebraska Statutes

§ 21-268 — Action by single and multiple voting groups

Nebraska·Ch. 21 Corporations and Other Companies

(MBCA 7.26) (a) If the articles of incorporation or the Nebraska Model Business Corporation Act provide for voting by a single voting group on a matter, action on that matter is taken when voted upon by that voting group as provided in section 21-267 .

(b)If the articles of incorporation or the act provide for voting by two or more voting groups on a matter, action on that matter is taken only when voted upon by each of those voting groups counted separately as provided in section 21-267 . Action may be taken by one voting group on a matter even though no action is taken by another voting group entitled to vote on the matter.

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(MBCA
7.26) (a) If the articles of incorporation or the Nebraska Model Business
Corporation Act provide for voting by a single voting group on a matter, action
on that matter is taken when voted upon by that voting group as provided in
section 21-267 .
(b) If the articles of incorporation
or the act provide for voting by two or more voting groups on a matter, action
on that matter is taken only when voted upon by each of those voting groups
counted separately as provided in section 21-267 . Action may be taken by one
voting group on a matter even though no action is taken by another voting
group entitled to vote on the matter.

Nebraska § 21-268 (Action by single and multiple voting groups) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.