Nebraska Statutes 21-29,113. Approval of amendment
Current as of: 2023 | Check for updates
|
Other versions
(1) An amendment to the articles of organization shall be approved by at least a two-thirds vote of members voting at the meeting.
Terms Used In Nebraska Statutes 21-29,113
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Organization: means a limited cooperative association, limited cooperative association governed by a law other than the Nebraska Limited Cooperative Association Act, a general partnership, a limited liability partnership, a limited partnership, a limited liability company, a business trust, a corporation, a cooperative, or any other person having a governing statute. See Nebraska Statutes 21-29,117
(2) An amendment to the bylaws shall be approved by at least a majority vote of members voting at the meeting and by at least a majority of investor members voting at the meeting.