{"data":{"id":"us-ne/neb.-rev.-stat.-21-19-115","jurisdiction":"us-ne","citation":"Neb. Rev. Stat. § 21-19,115","heading":"Class voting by members on amendments.","body":"(a) The members of a class in a public benefit corporation are entitled to vote as a class on a proposed amendment to the bylaws if the amendment would change the rights of that class as to voting in a manner different than such amendment affects another class or members of another class.\n(b) The members of a class in a mutual benefit corporation are entitled to vote as a class on a proposed amendment to the bylaws if the amendment would:\n(1) Affect the rights, privileges, preferences, restrictions, or conditions of that class as to voting, dissolution, redemption, or transfer of memberships in a manner different than such amendment would affect another class;\n(2) Change the rights, privileges, preferences, restrictions, or conditions of that class as to voting, dissolution, redemption, or transfer by changing the rights, privileges, preferences, restrictions, or conditions of another class;\n(3) Increase or decrease the number of memberships authorized for that class;\n(4) Increase the number of memberships authorized for another class;\n(5) Effect an exchange, reclassification, or termination of all or part of the memberships of that class; or\n(6) Authorize a new class of memberships.\n(c) The members of a class of a religious corporation are entitled to vote as a class on a proposed amendment to the bylaws only if a class vote is provided for in the articles or bylaws.\n(d) If a class is to be divided into two or more classes as a result of an amendment to the bylaws, the amendment must be approved by the members of each class that would be created by the amendment; and\n(e) If a class vote is required to approve an amendment to the bylaws, the amendment must be approved by the members of the class by two-thirds of the votes cast by the class or a majority of the voting power of the class, whichever is less.\n(f) A class of members is entitled to the voting rights granted by this section although the articles and bylaws provide that the class may not vote on the proposed amendment.","path":["Chapter 21 - CORPORATIONS AND OTHER COMPANIES"],"source_url":"https://nebraskalegislature.gov/laws/statutes.php?statute=21-19,115","current_through":"Laws 2026","vintage":"","retrieved_at":"2026-10-18T05:55:23Z","sha256":"b03a57b16c18c07ffc1bb5961b9c8a770f8dfce335195a6a7332c62f1c15ef0a","source_id":"us-ne","stale":false,"prev":"us-ne/neb.-rev.-stat.-21-19-114","next":"us-ne/neb.-rev.-stat.-21-19-116"},"notice":"GroundRules: Original legal text. Not legal advice."}