Chapter 70 — POWER DISTRICTS AND CORPORATIONS
528 sections in this chapter.
Neb. Rev. Stat. § 70-727 Articles of incorporation; amendment; procedure.
1.0K chars
A corporation may amend its articles of incorporation by a majority vote of the members present in person at any regular meeting, or at any special meeting of its members called for that purpose. The power to amend shall include the power to accomplish any desired change in the p…
Neb. Rev. Stat. § 70-728 Consolidation of corporations; how effected.
0.8K chars
Any two or more corporations may enter into an agreement for the consolidation of such corporations. The agreement shall set forth the terms and conditions of the consolidation, the name of the proposed consolidated corporation, the number of its directors, not less than five, th…
Neb. Rev. Stat. § 70-729 Articles of consolidation; filing.
0.5K chars
The articles of consolidation shall be executed, acknowledged, filed and recorded in the same manner as the original articles of incorporation of a corporation organized under sections 70-701 to 70-738. As soon as the Secretary of State shall have accepted the articles of consoli…
Neb. Rev. Stat. § 70-730 Dissolution; procedure.
0.9K chars
Any corporation may dissolve by a majority vote of the members in person at any regular meeting, or at any special meeting of its members called for that purpose. A certificate of dissolution shall be signed by the president or vice president, and attested by the secretary, certi…
Neb. Rev. Stat. § 70-731 Dissolution; discharge of liabilities; distribution of assets.
0.5K chars
Such corporation shall continue for the purpose of paying, satisfying and discharging any existing liabilities or obligations, and collecting or liquidating its assets, and doing all other acts required to adjust and wind up its business and affairs, and may sue and be sued in it…
Neb. Rev. Stat. § 70-732 Defective corporations; dissolution; procedure.
0.6K chars
Any corporation which purports to have been incorporated or reincorporated under sections 70-701 to 70-738, but which has not complied with all of the requirements for legal corporate existence, may nevertheless file a certificate of dissolution in the same manner as a validly ex…
Neb. Rev. Stat. § 70-733 Filing fees.
0.4K chars
The Secretary of State shall charge and collect for (1) filing articles of incorporation and issuing a certificate of incorporation, three dollars; (2) filing of articles of amendment and issuing a certificate of amendment, two dollars; (3) filing articles of consolidation and is…
Neb. Rev. Stat. § 70-734 Securities Act of Nebraska; inapplicable; when.
0.3K chars
Whenever any corporation organized under the Electric Cooperative Corporation Act has borrowed money from any federal agency, the obligations issued to secure the payment of such money shall be exempt from the provisions of the Securities Act of Nebraska, and the act shall not ap…
Neb. Rev. Stat. § 70-735 Defective incorporation; correction; effect.
0.6K chars
In the event any corporation has filed defective articles of incorporation, or has failed to do all things necessary to perfect its corporate organization, it may, nevertheless, file corrected articles of incorporation or amend the original articles, and do and perform all acts a…
Neb. Rev. Stat. § 70-736 Existing associations; compliance with sections.
0.3K chars
Any existing cooperative or nonprofit corporation or association, organized under any other law of this state for the purpose of engaging in rural electrification, may, by a majority vote of the members present in person at a meeting called for that purpose, amend its articles of…
Neb. Rev. Stat. § 70-737 Sections, how construed.
0.2K chars
Sections 70-701 to 70-738 shall be construed liberally. The enumeration of any object, purpose, power, manner, method or thing shall not be deemed to exclude like or similar objects, purposes, powers, manners, methods or things.
Neb. Rev. Stat. § 70-738 Sections; exclusive; applicability of other law.
0.2K chars
Sections 70-701 to 70-738 are complete in themselves, and shall be controlling. The provisions of any other law of this state, except as provided in said sections, shall not apply to a corporation organized under said sections.
Neb. Rev. Stat. § 70-801 District; how created.
0.2K chars
Independently of, and in addition to any and all other means or methods provided by the laws of this state for the creation of public power districts, such districts may also be created in the method and manner in sections 70-801 to 70-808 provided.
Neb. Rev. Stat. § 70-802 Terms, defined.
1.2K chars
As used in Chapter 70, article 8, unless the context otherwise requires: (1) Board means the Nebraska Power Review Board; (2) The terms public power district and district as used in Chapter 70, article 8, each mean the same and also have the same meaning as the term public power …
Neb. Rev. Stat. § 70-803 Formation of district; petition; contents.
3.9K chars
Any electric cooperative corporation, whether organized or incorporated under the laws of this state or of any other state, which shall own and operate within this state any electric utility engaged in furnishing electric energy to customers in a rural area, may file in the offic…
Neb. Rev. Stat. § 70-804 Formation of district; petition; investigation; hearing; notice; expenses.
0.8K chars
Upon receipt of such petition the board shall immediately make an investigation of the proposed district, of all matters set forth in the petition, and, as the board may deem necessary or proper, of any other facts and circumstances surrounding the existing business and operation…
Neb. Rev. Stat. § 70-805 Formation of district; petition; hearing; approval; procedure.
1.0K chars
At such public hearing any interested person, firm, association, or corporation may appear and present evidence or argument in support of or opposition to such petition. After such hearing and such independent investigation as may be deemed advisable, if the board finds that the …
Neb. Rev. Stat. § 70-806 Formation of district; petitioner; appeal; procedure.
0.2K chars
The petitioner may appeal from the decision of the board dismissing the petitioner's petition, and the appeal shall be in accordance with the Administrative Procedure Act.
Neb. Rev. Stat. § 70-807 Formation of district; petition granted; interested person; appeal; procedure.
0.2K chars
Any interested person, firm, or corporation may likewise appeal from a decision of the board granting the petition, and the appeal shall be in accordance with the Administrative Procedure Act.
Neb. Rev. Stat. § 70-808 Sections, how construed.
0.1K chars
Sections 70-801 to 70-808 are and shall be construed to be cumulative, independent legislation, and complete in themselves.
Neb. Rev. Stat. § 70-809 Audit.
0.1K chars
The audit of any rural power district organized pursuant to Chapter 70, article 8, shall be conducted in the manner prescribed in section 84-304.01.
Neb. Rev. Stat. § 70-901 Expiration of act.
0.0K chars
[Repealed or reserved.]
Neb. Rev. Stat. § 70-902 Expiration of act.
0.0K chars
[Repealed or reserved.]
Neb. Rev. Stat. § 70-903 Expiration of act.
0.0K chars
[Repealed or reserved.]
Neb. Rev. Stat. § 70-904 Expiration of act.
0.0K chars
[Repealed or reserved.]
Neb. Rev. Stat. § 70-905 Expiration of act.
0.0K chars
[Repealed or reserved.]
Repealed. Laws 1996, LB 890, § 1.
0.0K chars
[Repealed or reserved.]
Repealed. Laws 1996, LB 890, § 1.
0.0K chars
[Repealed or reserved.]