Nebraska Statutes 8-306. Capital stock; amount; articles of incorporation; filing fees
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The capital stock of an association is not limited and shall consist of the aggregate of payments made by its members and dividends credited thereon, less withdrawals, and shall be represented by shares. It shall not be necessary for any association organized in and operating under the laws of the State of Nebraska to state in its articles of incorporation, or an amendment or amendments thereto, any amount of authorized capital stock. Upon the filing of articles of incorporation, or an amendment or amendments thereto, an association shall pay a filing fee of twenty-five dollars to the Secretary of State.
Source
- Laws 1919, c. 190, tit. V, art. XIX, § 2, p. 724;
- C.S.1922, § 8084;
- C.S.1929, § 8-302;
- Laws 1937, c. 19, § 1, p. 126;
- C.S.Supp., 1941, § 8-302;
- R.S.1943, § 8-306;
- Laws 1953, c. 10, § 1, p. 75.
Terms Used In Nebraska Statutes 8-306
- 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.
- State: when applied to different states of the United States shall be construed to extend to and include the District of Columbia and the several territories organized by Congress. See Nebraska Statutes 49-801