Nebraska Statutes 25-21,140. Dissolved corporation; books, papers, effects; delivery to trustees; enforcement
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The court shall, upon an application for that purpose, order any officer of such corporation, or any other person having possession of any of the effects, books, or papers of the corporation in any wise necessary for the settlement of its affairs, to deliver up the same to the trustees.
Source
- R.S.1867, Code § 723, p. 519;
- R.S.1913, § 8347;
- C.S.1922, § 9299;
- C.S.1929, § 20-21,131;
- R.S.1943, § 25-21,140.
Terms Used In Nebraska Statutes 25-21,140
- 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.
- Person: shall include bodies politic and corporate, societies, communities, the public generally, individuals, partnerships, limited liability companies, joint-stock companies, and associations. See Nebraska Statutes 49-801
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.