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Nebraska Statutes

§ 70-718 — Board of directors; number; powers; qualifications

Nebraska § 70-718
JurisdictionNebraska
Ch. 70Power Districts and Corporations

This text of Nebraska § 70-718 (Board of directors; number; powers; qualifications) 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. § 70-718 (2026).

Text

The business and affairs of a corporation shall be managed by a board of directors, not less than five in number, which shall exercise all the powers of the corporation except such as are conferred upon the members by sections 70-701 to 70-738 , by the articles of incorporation, or by the bylaws of the corporation. The bylaws may prescribe qualifications for directors.

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Legislative History

Source: Laws 1937, c. 50, § 18, p. 208; C.S.Supp.,1941, § 70-818; R.S.1943, § 70-718.

Nearby Sections

15
§ 70-1001
Declaration of policy
§ 70-1001.01
Terms, defined
§ 70-1002
Suppliers of electricity; agreements; specify service areas; submission to board; purpose of section
§ 70-1002.01
Suppliers of electricity; agreements; wholesale electric energy; submission to board; considerations; investigation; approval; effect
§ 70-1002.02
Suppliers of electricity; sale in violation of approved agreement; prohibited; commercial electric vehicle charging station operator; powers and duties
§ 70-1002.03
New transmission facilities or interconnection; agreement by affected parties; disputes submitted to board; insure prudent utility practice; rate determination; effect
§ 70-1002.04
Municipalities; joint operation of electric systems; register with board; reports; action subject to review or approval
§ 70-1003
Nebraska Power Review Board; establishment; composition; appointment; term; vacancy; qualifications; compensation; expenses; jurisdiction; officers; executive director; staff; reports
§ 70-1004
Suppliers of electricity; filing of maps and service area statements; exception
§ 70-1005
Suppliers of electricity; service area; application to establish; notice of hearing; exception
§ 70-1006
Hearings; continuance; rules of procedure
§ 70-1007
Establishment of service areas; board; orders; policy considerations
§ 70-1008
Certified service areas; established; municipalities; newly annexed areas; acquisition of facilities and customers; procedure; waiver of right to acquire; joint planning
§ 70-1009
Certified service areas; modification; application; transfer of facilities and customers; considerations; impairment of rights prohibited
§ 70-101
Districts and corporations; furnish information; enforcement
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Bluebook (online)
Nebraska § 70-718, Counsel Stack Legal Research, https://law.counselstack.com/statute/ne/70-718.