The business and affairs of a corporation shall be managed by a board of directors, not less than five in number, which shall exercise all the powers of the corporation except such as are conferred upon the members by sections 70-701 to 70-738, by the articles of incorporation, or by the bylaws of the corporation. The bylaws may prescribe qualifications for directors.
Board of directors; number; powers; qualifications.
Neb. Rev. Stat. § 70-718 — under POWER DISTRICTS AND CORPORATIONS.
Neb. Rev. Stat. § 70-718