Nebraska § 21-276 Standing

Nebraska Statutes

§ 21-276 — Standing

Nebraska § 21-276

Ch. 21Corporations and Other Companies

This text of Nebraska § 21-276 (Standing) 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. § 21-276 (2026).

Text

(MBCA 7.41) A shareholder may not commence or maintain a derivative proceeding unless the shareholder:

(1)Was a shareholder of the corporation at the time of the act or omission complained of or became a shareholder through transfer by operation of law from one who was a shareholder at that time; and

(2)Fairly and adequately represents the interests of the corporation in enforcing the right of the corporation.

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(MBCA 7.41) A shareholder may not commence
or maintain a derivative proceeding unless the shareholder:
(1) Was a shareholder of
the corporation at the time of the act or omission complained of or became
a shareholder through transfer by operation of law from one who was a shareholder
at that time; and
(2)
Fairly and adequately represents the interests of the corporation in enforcing
the right of the corporation.