{"data":{"id":"us-ne/neb.-rev.-stat.-21-2959","jurisdiction":"us-ne","citation":"Neb. Rev. Stat. § 21-2959","heading":"Neb. Rev. Stat. § 21-2959","body":"Unless the articles of organization or bylaws otherwise provide, the following rules apply:\n\n(1) Members may remove a director with or without cause;\n\n(2) A member or members holding at least twenty-five percent of the total voting power entitled to be voted in the election of the director may demand removal of a director by a signed petition submitted to the officer of the limited cooperative association charged with keeping its records;\n\n(3) Upon receipt of a petition for removal of a director, an officer or the board of directors shall:\n\n(a) Call a special members' meeting to be held within ninety days after receipt of the petition by the association; and\n\n(b) Mail or otherwise transmit or deliver in a record to the members entitled to vote on the removal notice of the meeting which complies with section 21-2936 ;\n\n(4) A director against whom a petition has been submitted shall be informed in a record of the petition within a reasonable time before the members' meeting at which the members consider the petition; and\n\n(5) A director is removed if the votes in favor of removal are equal to or greater than the votes required to elect the director.","path":["NE Code","Chapter 21"],"source_url":"https://nebraskalegislature.gov/laws/statutes.php?statute=21-2959","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:21Z","sha256":"16a0c7665bfe42cf882e919b77362271db21814297e43719b006db037ac50591","source_id":"us-ne","stale":false,"prev":"us-ne/neb.-rev.-stat.-21-2958","next":"us-ne/neb.-rev.-stat.-21-296"},"notice":"GroundRules: Original legal text. Not legal advice."}
