Current with changes through 2024
Section 21-19,128 - Authorized distributions(a) A mutual benefit corporation may purchase its memberships if after the purchase is completed:(1) The corporation would be able to pay its debts as they become due in the usual course of its activities; and(2) The corporation's total assets would at least equal the sum of its total liabilities.(b) Corporations may make distributions upon dissolution in conformity with sections 21-19,129 to 21-19,145.Neb. Rev. Stat. §§ 21-19,128
Laws 1996, LB 681, § 128.