{"data":{"id":"us-ne/neb.-rev.-stat.-21-405","jurisdiction":"us-ne","citation":"Neb. Rev. Stat. § 21-405","heading":"Neb. Rev. Stat. § 21-405","body":"(1) An existing business corporation may become a benefit corporation under the Nebraska Benefit Corporation Act by amending its articles of incorporation so that they contain, in addition to the requirements of section 21-220 , a statement that the corporation is a benefit corporation. In order to be effective, the amendment must be adopted by at least the minimum status vote.\n\n(2) An entity that is not a benefit corporation may become a benefit corporation pursuant to subsection (1) of this section if the entity is (a) a party to a merger or conversion or (b) an exchanging entity in a share exchange, and the surviving, new, or resulting entity in the merger, conversion, or share exchange is to be a benefit corporation. In order to be effective, a plan of merger, conversion, or share exchange subject to this subsection must be adopted by at least the minimum status vote.","path":["NE Code","Chapter 21"],"source_url":"https://nebraskalegislature.gov/laws/statutes.php?statute=21-405","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:21Z","sha256":"5f1dddfb6aa12cac5fdbd5b93e5165eee6cc364360faa96b93b6827737251454","source_id":"us-ne","stale":false,"prev":"us-ne/neb.-rev.-stat.-21-404","next":"us-ne/neb.-rev.-stat.-21-406"},"notice":"GroundRules: Original legal text. Not legal advice."}