{"data":{"id":"us-ne/neb.-rev.-stat.-21-29-124","jurisdiction":"us-ne","citation":"Neb. Rev. Stat. § 21-29,124","heading":"Approval or abandonment of merger or consolidation by members of constituent limited cooperative association.","body":"(1) Unless the articles of organization or bylaws provide for a greater quorum and subject to section 21-2939, a plan of merger or consolidation shall be approved by at least a two-thirds vote of patron members voting under section 21-2939 and by at least a two-thirds vote of investor members, if any, voting under section 21-2942.\n(2) Subject to any contractual rights, after a merger or consolidation is approved, and at any time before a filing is made under section 21-29,126, a constituent limited cooperative association may amend the plan of merger or consolidation or abandon the planned merger or consolidation:\n(a) As provided in the plan; and\n(b) Except as prohibited by the plan, with the same consent as was required to approve the plan.","path":["Chapter 21 - CORPORATIONS AND OTHER COMPANIES"],"source_url":"https://nebraskalegislature.gov/laws/statutes.php?statute=21-29,124","current_through":"Laws 2026","vintage":"","retrieved_at":"2026-10-18T05:55:23Z","sha256":"13d7cfaef1bde2cb562da192568cd2f402132a2ea9a1d226461cca02827f60db","source_id":"us-ne","stale":false,"prev":"us-ne/neb.-rev.-stat.-21-29-123","next":"us-ne/neb.-rev.-stat.-21-29-125"},"notice":"GroundRules: Original legal text. Not legal advice."}