{"data":{"id":"us-ne/neb.-rev.-stat.-21-1977","jurisdiction":"us-ne","citation":"Neb. Rev. Stat. § 21-1977","heading":"Removal of directors by judicial proceeding.","body":"(a) The district court of the county where a corporation's principal office (or, if none in this state, its registered office) is located may remove any director of the corporation from office in a proceeding commenced either by the corporation, its members holding at least ten percent of the voting power of any class, or the Attorney General in the case of a public benefit corporation, if it finds that (1)(i) the director engaged in fraudulent or dishonest conduct, (ii) the director engaged in a gross abuse of authority or discretion, with respect to the corporation, or (iii) a final judgment has been entered finding that the director has violated a duty set forth in sections 21-1986 to 21-1989 and (2) removal is in the best interest of the corporation.\n(b) The district court may bar the removed director from serving on the board for a period prescribed by the court.\n(c) If members or the Attorney General commence a proceeding under subsection (a) of this section the corporation shall be made a party defendant.\n(d) If a public benefit corporation or its members commence a proceeding under subsection (a) of this section, they shall give the Attorney General written notice of the proceeding.\n(e) The articles or bylaws of a religious corporation may limit or prohibit the application of this section.","path":["Chapter 21 - CORPORATIONS AND OTHER COMPANIES"],"source_url":"https://nebraskalegislature.gov/laws/statutes.php?statute=21-1977","current_through":"Laws 2026","vintage":"","retrieved_at":"2026-10-18T05:55:23Z","sha256":"14eaa1ead4018a111fff66fb8e9a7f9f43afe2fc36962fd5748253ae80536f14","source_id":"us-ne","stale":false,"prev":"us-ne/neb.-rev.-stat.-21-1976","next":"us-ne/neb.-rev.-stat.-21-1978"},"notice":"GroundRules: Original legal text. Not legal advice."}
