State Codes and Statutes

State Codes and Statutes

Statutes > Nebraska > Chapter21 > 21-20_116

21-20,116. Articles of incorporation; authority to amend.(1) A corporation may amend its articles of incorporation at any time to add or change a provision that is required or permitted in the articles of incorporation or to delete a provision not required in the articles of incorporation. Whether a provision is required or permitted in the articles of incorporation shall be determined as of the effective date of the amendment.(2) A shareholder of the corporation shall not have a vested property right resulting from any provision in the articles of incorporation, including provisions relating to management, control, capital structure, dividend entitlement, or purpose or duration of the corporation. SourceLaws 1995, LB 109, § 116.