Nebraska Statutes 21-2203. Powers, benefits, and privileges
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Except as the Nebraska Professional Corporation Act shall otherwise require, professional corporations shall enjoy all the powers, benefits, and privileges and be subject to all the duties, restrictions, and liabilities of a business corporation under the Nebraska Model Business Corporation Act and sections 21-301 to 21-325.02.
Source
- Laws 1969, c. 121, § 3, p. 556;
- Laws 1995, LB 109, § 208;
- Laws 2014, LB749, § 270.
Terms Used In Nebraska Statutes 21-2203
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.