State Codes and Statutes

Statutes > Nebraska > Chapter21 > 21-2957

21-2957. Term of director.(1) A director's term expires at the annual members' meeting following the director's election unless otherwise provided in the articles of organization or bylaws. The term of a director shall not exceed three years.(2) Unless otherwise provided in the articles of organization or bylaws, a director may be reelected for subsequent terms.(3) A director continues to serve as director until a successor director is elected and qualified or until the director is removed, resigns, or dies. SourceLaws 2007, LB368, § 57.

State Codes and Statutes

Statutes > Nebraska > Chapter21 > 21-2957

21-2957. Term of director.(1) A director's term expires at the annual members' meeting following the director's election unless otherwise provided in the articles of organization or bylaws. The term of a director shall not exceed three years.(2) Unless otherwise provided in the articles of organization or bylaws, a director may be reelected for subsequent terms.(3) A director continues to serve as director until a successor director is elected and qualified or until the director is removed, resigns, or dies. SourceLaws 2007, LB368, § 57.