Nebraska Statutes 21-275. Subpart definitions
Current as of: 2023 | Check for updates
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(MBCA 7.40) In sections 21-275 to 21-282 :
Terms Used In Nebraska Statutes 21-275
- 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.
- Domestic: when applied to corporations shall mean all those created by authority of this state. See Nebraska Statutes 49-801
- Foreign: when applied to corporations shall include all those created by authority other than that of this state. See Nebraska Statutes 49-801
(1) Derivative proceeding means a civil suit in the right of a domestic corporation or, to the extent provided in section 21-282, in the right of a foreign corporation.
(2) Shareholder means a record shareholder, a beneficial shareholder, and an unrestricted voting trust beneficial owner.