{"data":{"id":"us-ne/neb.-rev.-stat.-21-2-159","jurisdiction":"us-ne","citation":"Neb. Rev. Stat. § 21-2,159","heading":"Amendment by board of directors or shareholders.","body":"(MBCA 10.20) (a) A corporation's shareholders may amend or repeal the corporation's bylaws.\n(b) A corporation's board of directors may amend or repeal the corporation's bylaws, unless:\n(1) The articles of incorporation or section 21-2,160 reserves that power exclusively to the shareholders in whole or part; or\n(2) Except as provided in subsection (d) of section 21-224, the shareholders in amending, repealing, or adopting a bylaw expressly provide that the board of directors may not amend, repeal, or reinstate that bylaw.","path":["Chapter 21 - CORPORATIONS AND OTHER COMPANIES"],"source_url":"https://nebraskalegislature.gov/laws/statutes.php?statute=21-2,159","current_through":"Laws 2026","vintage":"","retrieved_at":"2026-10-18T05:55:23Z","sha256":"88b55acbbf29f6c2b895911626a521eb65f5bb52d2f6e8c4884f4a63abc7bc24","source_id":"us-ne","stale":false,"prev":"us-ne/neb.-rev.-stat.-21-2-158","next":"us-ne/neb.-rev.-stat.-21-2-160"},"notice":"GroundRules: Original legal text. Not legal advice."}