Nebraska § 21-2997 Direct action by member

Nebraska Statutes

§ 21-2997 — Direct action by member

Nebraska·Ch. 21 Corporations and Other Companies

(1)Subject to subsection (2) of this section, a member may maintain a direct action against the limited cooperative association, an officer, or a director to enforce the rights and otherwise protect the interests of the member, including rights and interests under the articles of organization or bylaws.

(2)A member maintaining a direct action under this section is required to plead and prove an actual or threatened injury that is not solely the result of an injury suffered or threatened to be suffered by the limited cooperative association.

Free access — add to your briefcase to read the full text and ask questions with AI

(1) Subject to subsection (2) of this section, a member may maintain a direct action against the limited cooperative association, an officer, or a director to enforce the rights and otherwise protect the interests of the member, including rights and interests under the articles of organization or bylaws.
(2) A member maintaining a direct action under this section is required to plead and prove an actual or threatened injury that is not solely the result of an injury suffered or threatened to be suffered by the limited cooperative association.

Nebraska § 21-2997 (Direct action by member) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.