{"data":{"id":"us-ne/neb.-rev.-stat.-21-19-104","jurisdiction":"us-ne","citation":"Neb. Rev. Stat. § 21-19,104","heading":"Applicability of sections.","body":"(a) A provision treating a corporation's indemnification of or advance for expenses to directors that is contained in its articles of incorporation, bylaws, a resolution of its members or board of directors, or in a contract or otherwise, is valid only if and to the extent the provision is consistent with the provisions of sections 21-1996 to 21-19,104. If articles of incorporation limit indemnification or advance for expenses, indemnification and advance for expenses are valid only to the extent consistent with the articles.\n(b) Sections 21-1996 to 21-19,104 do not limit a corporation's power to pay or reimburse expenses incurred by a director in connection with appearing as a witness in a proceeding at a time when the director has not been made a named defendant or respondent to the proceeding.","path":["Chapter 21 - CORPORATIONS AND OTHER COMPANIES"],"source_url":"https://nebraskalegislature.gov/laws/statutes.php?statute=21-19,104","current_through":"Laws 2026","vintage":"","retrieved_at":"2026-10-18T05:55:23Z","sha256":"72ad2d4ce63d6c66cfc7a481da61c40d6271a001d552d212b41274fd26495144","source_id":"us-ne","stale":false,"prev":"us-ne/neb.-rev.-stat.-21-19-103","next":"us-ne/neb.-rev.-stat.-21-19-105"},"notice":"GroundRules: Original legal text. Not legal advice."}
