Nebraska Statutes 25-21,142. Dissolved corporation; trustees; corporate claims and property; duty to sue; liability
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They shall sue for and recover the debts and property of the corporation, and shall be responsible to the creditors and stockholders, respectively, to the extent of the effects which come to their hands, in the same manner as though they were the executors of a deceased person.
Source
- R.S.1867, Code § 725, p. 519;
- R.S.1913, § 8349;
- C.S.1922, § 9301;
- C.S.1929, § 20-21,133;
- R.S.1943, § 25-21,142.
Terms Used In Nebraska Statutes 25-21,142
- 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