reglab/housing_qa huggingface dataset:
NE Code § 21-19,165 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-19,165 - Corporate records.

21-19,165.  Corporate records.(a) A corporation shall keep as permanent records minutes of all meetings of its members and board of directors, a record of all actions taken by the members or directors without a meeting, and a record of all actions taken by committees of the board of directors as authorized by subsection (d) of section 21-1985.(b) A corporation shall maintain appropriate accounting records.(c) A corporation or its agent shall maintain a record of its members in a form that permits preparation of a list of the names and addresses of all members, in alphabetical order by class, showing the number of votes each member is entitled to cast.(d) A corporation shall maintain its records in written form or in another form capable of conversion into written form within a reasonable time.(e) A corporation shall keep a copy of the following records at its principal office:(1) Its articles or restated articles of incorporation and all amendments to them currently in effect;(2) Its bylaws or restated bylaws and all amendments to them currently in effect;(3) Resolutions adopted by its board of directors relating to the characteristics, qualifications, rights, limitations, and obligations of members or any class or category of members;(4) The minutes of all meetings of members and records of all actions approved by the members for the past three years;(5) All written communications to members generally within the past three years, including the financial statements furnished for the past three years under section 21-19,170;(6) A list of the names and business or home addresses of its current directors and officers; and(7) Its most recent biennial report delivered to the Secretary of State under section 21-19,172.Source  Laws 1996, LB 681, § 165. Annotations Pursuant to subsection (a) of section 21-19,166, a member is permitted to inspect and copy, without conditions, those records described in subsection (e) of this section, which include financial statements that include a balance sheet as of the end of the fiscal year and a statement of operations for that year. Dunbar v. Twin Towers Condo. Assn., 26 Neb. App. 354, 920 N.W.2d 1 (2018).
NE Code § 21-19,166 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-19,166 - Inspection of records by members.

21-19,166.  Inspection of records by members.(a) Subject to subsection (e) of this section and subsection (c) of section 21-19,167, a member is entitled to inspect and copy, at a reasonable time and location specified by the corporation, any of the records of the corporation described in subsection (e) of section 21-19,165 if the member gives the corporation written notice or a written demand at least five business days before the date on which the member wishes to inspect and copy.(b) Subject to subsection (e) of this section, a member is entitled to inspect and copy, at a reasonable time and reasonable location specified by the corporation, any of the following records of the corporation if the member meets the requirements of subsection (c) of this section and gives the corporation written notice at least five business days before the date on which the member wishes to inspect and copy:(1) Excerpts from any records required to be maintained under subsection (a) of section 21-19,165, to the extent not subject to inspection under subsection (a) of this section;(2) Accounting records of the corporation; and(3) Subject to section 21-19,169, the membership list.(c) A member may inspect and copy the records identified in subsection (b) of this section only if:(1) The member's demand is made in good faith and for a proper purpose;(2) The member describes with reasonable particularity the purpose and the records the member desires to inspect; and(3) The records are directly connected with this purpose.(d) This section does not affect:(1) The right of a member to inspect records under section 21-1959 or, if the member is in litigation with the corporation, to the same extent as any other litigant; or(2) The power of a court, independent of the Nebraska Nonprofit Corporation Act, to compel the production of corporate records for examination.(e) The articles or bylaws of a religious corporation may limit or abolish the right of a member under this section to inspect and copy any corporate record.Source  Laws 1996, LB 681, § 166. Annotations  Pursuant to subsection (a) of this section, a member is permitted to inspect and copy, without conditions, those records described in subsection (e) of section 21-19,165, which include financial statements that include a balance sheet as of the end of the fiscal year and a statement of operations for that year. Dunbar v. Twin Towers Condo. Assn., 26 Neb. App. 354, 920 N.W.2d 1 (2018). The Nebraska Nonprofit Corporation Act applies broadly to all nonprofit corporations, whereas the Nebraska Condominium Act applies only to condominium regimes and condominium owners. To the extent that there is conflict between two statutes on the same subject, the specific statute controls over the general statute. Dunbar v. Twin Towers Condo. Assn., 26 Neb. App. 354, 920 N.W.2d 1 (2018).
NE Code § 21-19,167 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-19,167 - Scope of inspection rights.

21-19,167.  Scope of inspection rights.(a) A member's agent or attorney has the same inspection and copying rights as the member the agent or attorney represents.(b) The right to copy records under section 21-19,166 includes, if reasonable, the right to receive copies made by photographic, xerographic, or other means.(c) The corporation may impose a reasonable charge, covering the costs of labor and material, for copies of any documents provided to the member. The charge may not exceed the estimated cost of production or reproduction of the records.(d) The corporation may comply with a member's demand to inspect the record of members under subdivision (b)(3) of section 21-19,166 by providing the member with a list of its members that was compiled no earlier than the date of the member's demand.Source  Laws 1996, LB 681, § 167.
NE Code § 21-19,168 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-19,168 - Court-ordered inspection.

21-19,168.  Court-ordered inspection.(a) If a corporation does not allow a member who complies with subsection (a) of section 21-19,166 to inspect and copy any records required by that subsection to be available for inspection, the district court in the county where the corporation's principal office (or, if none in this state, its registered office) is located may summarily order inspection and copying of the records demanded at the corporation's expense upon application of the member.(b) If a corporation does not within a reasonable time allow a member to inspect and copy any other record, the member who complies with subsections (b) and (c) of section 21-19,166 may apply to the district court in the county where the corporation's principal office (or, if none in this state, its registered office) is located for an order to permit inspection and copying of the records demanded. The district court shall dispose of an application under this subsection on an expedited basis.(c) If the district court orders inspection and copying of the records demanded, it shall also order the corporation to pay the member's costs (including reasonable counsel fees) incurred to obtain the order unless the corporation proves that it refused inspection in good faith because it had a reasonable basis for doubt about the right of the member to inspect the records demanded.(d) If the district court orders inspection and copying of the records demanded, it may impose reasonable restrictions on the use or distribution of the records by the demanding member.Source  Laws 1996, LB 681, § 168.
NE Code § 21-19,169 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-19,169 - Limitations on use of membership list.

21-19,169.  Limitations on use of membership list.Without consent of the board, a membership list or any part thereof may not be obtained or used by any person for any purpose unrelated to a member's interest as a member. Without limiting the generality of the foregoing, without the consent of the board a membership list or any part thereof may not be:(1) Used to solicit money or property unless such money or property will be used solely to solicit the votes of the members in an election to be held by the corporation;(2) Used for any commercial purpose; or(3) Sold to or purchased by any person.Source  Laws 1996, LB 681, § 169.
NE Code § 21-19,170 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-19,170 - Financial statements for members.

21-19,170.  Financial statements for members.(a) Except as provided in the articles or bylaws of a religious corporation, a corporation, upon written demand from a member, shall furnish that member its latest annual financial statements, which may be consolidated or combined statements of the corporation and one or more of its subsidiaries or affiliates, as appropriate, that include a balance sheet as of the end of the fiscal year and a statement of operations for that year. If financial statements are prepared for the corporation on the basis of generally accepted accounting principles, the annual financial statements must also be prepared on that basis.(b) If annual financial statements are reported upon by a public accountant, the accountant's report must accompany the statements. If not, the statements must be accompanied by a statement of the president or the person responsible for the corporation's financial accounting records:(1) Stating the president's or other person's reasonable belief as to whether the statements were prepared on the basis of generally accepted accounting principles and, if not, describing the basis of preparation; and(2) Describing any respects in which the statements were not prepared on a basis of accounting consistent with the statements prepared for the preceding year.Source  Laws 1996, LB 681, § 170.
NE Code § 21-19,171 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-19,171 - Report of indemnification to members.

21-19,171.  Report of indemnification to members.If a corporation indemnifies or advances expenses to a director under section 21-1997, 21-1998, 21-1999, or 21-19,100 in connection with a proceeding by or in the right of the corporation, the corporation shall report the indemnification or advance in writing to the members with or before the notice of the next meeting of members.Source  Laws 1996, LB 681, § 171.
NE Code § 21-19,173 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-19,173 - Notice of incorporation, amendment, merger, or dissolution; publication.

21-19,173.  Notice of incorporation, amendment, merger, or dissolution; publication.(a) Notice of incorporation, amendment, or merger of a domestic corporation subject to the Nebraska Nonprofit Corporation Act shall be published for three successive weeks in some legal newspaper of general circulation in the county where the corporation's principal office or, if none in this state, its registered office is located.A notice of incorporation shall show (1) the corporate name of the corporation, (2) whether the corporation is a public benefit, mutual benefit, or religious corporation, (3) the street address of the corporation's initial registered office and the name of its initial registered agent at that office, (4) the name and street address of each incorporator, and (5) whether or not the corporation will have members.A brief resume of any amendment or merger of the corporation shall be published in the same manner for the same period of time as a notice of incorporation is required to be published.(b) Notice of dissolution of a domestic corporation shall be published for three successive weeks in some legal newspaper of general circulation in the county where the corporation's principal office or, if none in this state, its registered office is located. A notice of dissolution shall show (1) the terms and conditions of such dissolution, (2) the names of the persons who are to wind up and liquidate its affairs and their official titles, and (3) a statement of assets and liabilities of the corporation.(c) Proof of publication of any of the notices required to be published under this section shall be filed in the office of the Secretary of State. In the event any notice required to be given pursuant to this section is not given, but is subsequently published for the required time, and proof of the subsequent publication thereof is filed in the office of the Secretary of State, the acts of such corporation prior to, as well as after, such publication shall be valid.Source  Laws 1996, LB 681, § 173.
NE Code § 21-19,174 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-19,174 - Applicability of act.

21-19,174.  Applicability of act.The Nebraska Nonprofit Corporation Act applies to all domestic corporations in existence on January 1, 1997, that were incorporated under Chapter 21, article 19 and to any not-for-profit corporations in existence on January 1, 1997, that were heretofore organized under any laws repealed by Laws 1959, LB 349.Source  Laws 1996, LB 681, § 174.
NE Code § 21-19,175 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-19,175 - Foreign corporation; subject to act; effect.

21-19,175.  Foreign corporation; subject to act; effect.A foreign corporation authorized to transact business in this state on January 1, 1997, is subject to the Nebraska Nonprofit Corporation Act, but is not required to obtain a new certificate of authority to transact business under the act.Source  Laws 1996, LB 681, § 175.
NE Code § 21-19,176 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-19,176 - Repeal of former law; effect.

21-19,176.  Repeal of former law; effect.(a) Except as provided in subsection (b) of this section, the repeal of a statute by Laws 1996, LB 681, shall not affect:(1) The operation of the statute or any action taken under it before its repeal;(2) Any ratification, right, remedy, privilege, obligation, or liability acquired, accrued, or incurred under the statute before its repeal;(3) Any violation of the statute or any penalty, forfeiture, or punishment incurred because of the violation, before its repeal;(4) Any proceeding, reorganization, or dissolution commenced under the statute before its repeal, and the proceeding, reorganization, or dissolution may be completed in accordance with the statute as if it had not been repealed; or(5) Any meeting of members or directors or action by written consent noticed or any action taken before its repeal as a result of a meeting of members or directors or action by written consent.(b) If a penalty or punishment imposed for violation of a statute repealed by Laws 1996, LB 681, is reduced by the Nebraska Nonprofit Corporation Act, the penalty or punishment, if not already imposed, shall be imposed in accordance with the act.Source  Laws 1996, LB 681, § 176.
NE Code § 21-19,177 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-19,177 - Public benefit, mutual benefit, and religious corporation; designation.

21-19,177.  Public benefit, mutual benefit, and religious corporation; designation.Each domestic corporation existing on January 1, 1997, that is or becomes subject to the Nebraska Nonprofit Corporation Act shall be designated as a public benefit, mutual benefit, or religious corporation as follows:(1) Any corporation designated by statute as a public benefit corporation, a mutual benefit corporation, or a religious corporation is the type of corporation designated by statute;(2) Any corporation that does not come within subdivision (1) of this section, but is organized primarily or exclusively for religious purposes, is a religious corporation;(3) Any corporation that does not come within subdivision (1) or (2) of this section, but is recognized as exempt under section 501(c)(3) of the Internal Revenue Code, or any successor section, is a public benefit corporation;(4) Any corporation that does not come within subdivision (1), (2), or (3) of this section, but is organized for a public or charitable purpose, and upon dissolution must distribute its assets to a public benefit corporation, the United States, a state, or a person recognized as exempt under section 501(c)(3) of the Internal Revenue Code, or any successor section, is a public benefit corporation; and(5) Any corporation that does not come within subdivision (1), (2), (3), or (4) of this section is a mutual benefit corporation.Source  Laws 1996, LB 681, § 177.
NE Code § 21-2101 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-2101 - Act, how cited.

21-2101.  Act, how cited.Sections 21-2101 to 21-2117 shall be known and may be cited as the Nebraska Business Development Corporation Act.Source  Laws 1967, c. 100, § 1, p. 302.
NE Code § 21-2102 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-2102 - Terms, defined.

21-2102.  Terms, defined.For purposes of the Nebraska Business Development Corporation Act, unless the context otherwise requires:(1) Development corporation or corporation shall mean any corporation organized pursuant to the act for the purpose of developing business, industry, and enterprise in the State of Nebraska by the lending of money thereto and otherwise organizing for the purposes set forth in section 21-2104;(2) Financial institution shall mean any banking institution, insurance company or related corporation, savings and loan association, partnership, limited liability company, credit union, foundation, trust, licensee under the Small Business Investment Act of 1958, 15 U.S.C. 661 et seq., as the act existed on September 1, 2001, or other entity engaged in lending or investing funds and authorized to do business in the State of Nebraska, including the United States Small Business Administration;(3) Member shall mean any financial institution which undertakes to lend money to a development corporation upon its call and in accordance with section 21-2109;(4) Board of directors shall mean members of the board of directors of a development corporation in office from time to time; and(5) Loan limit shall mean, for any member, the maximum account permitted to be outstanding at any one time on loans made by any such member to a development corporation, as determined under the Nebraska Business Development Corporation Act.Source   Laws 1967, c. 100, § 2, p. 302;   Laws 1990, LB 1241, § 4;   Laws 1993, LB 121, § 156;  Laws 2001, LB 300, § 5.
NE Code § 21-2103 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-2103 - Business development corporations; incorporation.

21-2103.  Business development corporations; incorporation.One or more business development corporations may be incorporated in this state pursuant to the Nebraska Model Business Corporation Act not in conflict with or inconsistent with the provisions of the Nebraska Business Development Corporation Act.Source   Laws 1967, c. 100, § 3, p. 303;   Laws 1995, LB 109, § 204;  Laws 2014, LB749, § 266. Cross References  Nebraska Model Business Corporation Act, see section 21-201.
NE Code § 21-2104 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-2104 - Business development corporation; purposes.

21-2104.  Business development corporation; purposes.The purposes of a business development corporation shall be only: (1) To promote, stimulate, develop, and advance the business prosperity and economic welfare of the State of Nebraska and its citizens; (2) to encourage and assist through loans, investments, or other business transactions the location of new business and industry in the state; (3) to rehabilitate and assist existing business and industry in this state; (4) to stimulate and assist in the expansion of any kind of business activity which would tend to promote business development and maintain the economic stability in this state, provide maximum opportunities for employment, encourage thrift, and improve the standard of living of the citizens of this state; (5) to cooperate and act in conjunction with other organizations, public or private, including the United States Small Business Administration, in the promotion and advancement of industrial, commercial, agricultural, and recreational development in this state; and (6) to provide financing for the promotion, development, and conduct of all kinds of business activity in this state.Source   Laws 1967, c. 100, § 4, p. 303;   Laws 1973, LB 56, § 1;   Laws 1990, LB 1241, § 5;  Laws 2001, LB 300, § 6.
NE Code § 21-2105 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-2105 - Powers.

21-2105.  Powers.(1) A development corporation shall have all the powers granted to corporations organized under the Nebraska Model Business Corporation Act, except that it shall not give security for any loan made to it by members unless all loans to it by members are secured ratably in proportion to unpaid balances due.(2) The restriction in subsection (1) of this section shall in no manner be construed so as to prohibit a development corporation from making unsecured borrowings from the federal Small Business Administration.Source   Laws 1967, c. 100, § 5, p. 304;   Laws 1995, LB 109, § 205;  Laws 2014, LB749, § 267. Cross References  Nebraska Model Business Corporation Act, see section 21-201.
NE Code § 21-2106 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-2106 - Name.

21-2106.  Name.Every corporation created under the provisions of sections 21-2101 to 21-2117 shall have as a part of its corporate name or title the words business development.Source  Laws 1967, c. 100, § 6, p. 304.
NE Code § 21-2107 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-2107 - Offices; location.

21-2107.  Offices; location.A development corporation may maintain an office or offices in such place or places within the State of Nebraska as may be fixed by the board of directors.Source  Laws 1967, c. 100, § 7, p. 304.
NE Code § 21-2108 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-2108 - Shares; acquire, sell, assign, or mortgage.

21-2108.  Shares; acquire, sell, assign, or mortgage.Notwithstanding any other provisions of law, any person, partnership, limited liability company, or corporation may acquire, hold, sell, assign, transfer, mortgage, pledge, or otherwise dispose of the shares of capital stock of a development corporation created under the Nebraska Business Development Corporation Act, except that insurance companies, reciprocal exchanges, and fraternal benefit societies shall not invest therein other than as provided in the Insurers Investment Act.Source   Laws 1967, c. 100, § 8, p. 304;   Laws 1991, LB 237, § 56;   Laws 1993, LB 121, § 157.  Cross References  Insurers Investment Act, see section 44-5101.