Nebraska Statutes
§ 21-280 — Discontinuance or settlement
Nebraska·Ch. 21 Corporations and Other Companies
(MBCA 7.45) A derivative
proceeding may not be discontinued or settled without the court's approval.
If the court determines that a proposed discontinuance or settlement will
substantially affect the interests of the corporation's shareholders or a
class of shareholders, the court shall direct that notice be given to the
shareholders affected.
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Legislative History
Source: Laws 2014, LB749, § 80.
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Repealed.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Repealed.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Repealed.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Repealed.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Repealed.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Repealed.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Repealed.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Repealed.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Repealed.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Repealed.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Repealed.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Repealed.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Repealed.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Repealed.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