{"data":{"id":"us-ne/neb.-rev.-stat.-21-29-130","jurisdiction":"us-ne","citation":"Neb. Rev. Stat. § 21-29,130","heading":"Notice and action on disposition of assets.","body":"To dispose of assets subject to section 21-29,129:\n(1) The proposed disposition shall be approved by a majority vote of the board of directors unless a greater vote is required by the articles of organization or bylaws; and\n(2) The board of directors shall mail or otherwise transmit or deliver in a record to each member notice of a special meeting of the members as required by section 21-2935 that sets forth:\n(a) The terms of the proposed disposition;\n(b) A recommendation that the members approve the disposition unless the board determines because of conflict of interest or other special circumstances it should not make such a recommendation;\n(c) If the board makes no recommendation, the basis of that decision;\n(d) Any condition of its submission of the proposed disposition to the members; and\n(e) Notice of the meeting in the same manner as a special members' meeting under sections 21-2935 and 21-2936.","path":["Chapter 21 - CORPORATIONS AND OTHER COMPANIES"],"source_url":"https://nebraskalegislature.gov/laws/statutes.php?statute=21-29,130","current_through":"Laws 2026","vintage":"","retrieved_at":"2026-10-18T05:55:23Z","sha256":"d01bc0d13c025326c651fb8095609984cc8f13e0569fb61b348d2bad96565cbe","source_id":"us-ne","stale":false,"prev":"us-ne/neb.-rev.-stat.-21-29-129","next":"us-ne/neb.-rev.-stat.-21-29-131"},"notice":"GroundRules: Original legal text. Not legal advice."}