reglab/housing_qa huggingface dataset:
NE Code § 21-2110 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-2110 - Shares; par value; authorized capital.

21-2110.  Shares; par value; authorized capital.(1) Each share of stock of the corporation shall have a par value of not less than ten dollars per share, as fixed by its articles of incorporation, and shall be issued only for lawful money of the United States. At least two hundred thousand dollars shall be paid into the treasury for capital stock before a corporation shall be authorized to transact any business other than such business as relates to its organization.(2) Each shareholder shall be entitled to one vote, in person or by proxy, for each share of capital stock held, and each member shall be entitled to one vote, in person or by proxy, as such member.(3) The rights given by the Nebraska Model Business Corporation Act to shareholders to attend meetings and to receive notice thereof and to exercise voting rights shall apply to members as well as to shareholders of a corporation created under the Nebraska Business Development Corporation Act. The voting rights of the members shall be the same as if they were a separate class of shareholders, and shareholders and members shall in all cases vote separately by classes. A quorum at a shareholders' meeting shall require the presence in person or by proxy of a majority of the holders of the voting rights of each class.Source   Laws 1967, c. 100, § 10, p. 306;   Laws 1995, LB 109, § 206;  Laws 2014, LB749, § 268. Cross References  Nebraska Model Business Corporation Act, see section 21-201.
NE Code § 21-2111 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-2111 - Board of directors; election; vacancy.

21-2111.  Board of directors; election; vacancy.The business and affairs of the corporation shall be conducted by a board of directors. The number of directors shall at all times be a multiple of three. Two-thirds of the directors shall be elected by the members and one-third shall be elected by the shareholders. Any vacancy in the office of a director elected by members shall be filled by the directors elected by the members, and any vacancy in the office of a director elected by the shareholders shall be filled by the directors elected by the shareholders.Source  Laws 1967, c. 100, § 11, p. 307. Cross References  Cumulative voting for directors, see Article XII, section 1, Constitution of Nebraska.
NE Code § 21-2112 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-2112 - Articles of incorporation; amendment.

21-2112.  Articles of incorporation; amendment.No amendment to the articles of incorporation shall be made which increases the obligation of a member to make loans to the corporation or which makes any change in a principal amount, interest rate, maturity date, or in the security or credit position of any outstanding loan made by a member to the corporation or which affects the right of a member to withdraw from membership or the voting rights of such member without the consent of eighty percent of the members who would be affected by such amendment; Provided, that this section shall not be construed to authorize amendments of the articles of incorporation so as to give greater rights or powers to the corporation or lesser rights or powers to the members than are set forth in sections 21-2101 to 21-2117.Source  Laws 1967, c. 100, § 12, p. 307.
NE Code § 21-2113 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-2113 - Reserves; amount.

21-2113.  Reserves; amount.Each year the corporation shall set apart, as a reserve against losses and contingencies, not less than ten percent of its net earnings for the preceding fiscal year until such reserve shall be equal in value to one-half of the amount paid in on the capital stock then outstanding. Whenever the amount of such reserve so evidenced shall become impaired, it shall be built up again to the required amount in the manner provided for its original accumulation.Source  Laws 1967, c. 100, § 13, p. 307.
NE Code § 21-2114 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-2114 - Funds; deposit.

21-2114.  Funds; deposit.No corporation organized under the provisions of sections 21-2101 to 21-2117 shall at any time be authorized to receive money on deposit. The corporation shall not deposit any of its funds in any banking institution unless such institution has been designated as a depository by a vote of a majority of the directors present at an authorized meeting of the board of directors, exclusive of any director who is an officer or director of the depository so designated.Source  Laws 1967, c. 100, § 14, p. 308.
NE Code § 21-2115 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-2115 - Books and records.

21-2115.  Books and records.A corporation shall keep, in addition to the books and records required by the Nebraska Model Business Corporation Act, a record showing the names and addresses of all members of the corporation and the current status of loans made by each to the corporation. Members shall have the same rights with respect to all books and records as are given to shareholders in the Nebraska Model Business Corporation Act.Source   Laws 1967, c. 100, § 15, p. 308;   Laws 1995, LB 109, § 207;  Laws 2014, LB749, § 269. Cross References  Nebraska Model Business Corporation Act, see section 21-201.
NE Code § 21-2116 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-2116 - Shares; exempt from registration.

21-2116.  Shares; exempt from registration.The shares of capital stock of the corporation and the documents representing the indebtedness of the corporation to its members, and any offering of the above, shall be exempt from registration under the Securities Act of Nebraska. A corporation making any such offering, and the officers and employees thereof, shall also be exempt from registration and qualification as dealers and salesmen under the Securities Act of Nebraska.Source  Laws 1967, c. 100, § 16, p. 308. Cross References  Securities Act of Nebraska, see section 8-1123.
NE Code § 21-2117 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-2117 - Credit of state not pledged.

21-2117.  Credit of state not pledged.Under no circumstances is the credit of the State of Nebraska, or any political subdivision thereof, pledged by the provisions of sections 21-2101 to 21-2117.Source  Laws 1967, c. 100, § 17, p. 308.
NE Code § 21-2201 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-2201 - Act, how cited.

21-2201.  Act, how cited.Sections 21-2201 to 21-2223 shall be known and may be cited as the Nebraska Professional Corporation Act.Source   Laws 1969, c. 121, § 1, p. 555;   Laws 1994, LB 488, § 1;  Laws 2011, LB315, § 2.
NE Code § 21-2202 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-2202 - Terms, defined.

21-2202.  Terms, defined.For purposes of the Nebraska Professional Corporation Act, unless the context otherwise requires:(1) Certificate of registration or registration certificate from or by the regulating board means either a document prepared and issued by the regulating board or the electronic accessing of the regulating board's licensing records by the Secretary of State;(2) Professional corporation means a corporation which is organized under the act for the specific purpose of rendering professional service and which has as its shareholders only individuals who themselves are duly licensed or otherwise legally authorized within this state to render the same professional service as the corporation;(3) Professional service means any personal services rendered by an attorney at law, a certified public accountant, a public accountant, a dentist, an osteopathic physician, a physician and surgeon, a real estate broker, an associate real estate broker, a real estate salesperson, or a veterinarian. For purposes of the act, those professions pertaining to the diagnosis, care, and treatment of humans shall be considered to be of the same profession; and(4) Regulating board means a board which is charged with the licensing and regulating of the practice or profession which the professional corporation is organized to render.Source   Laws 1969, c. 121, § 2, p. 555;   Laws 1980, LB 893, § 1;   Laws 1989, LB 342, § 1;   Laws 1995, LB 406, § 2;  Laws 2012, LB852, § 2.
NE Code § 21-2203 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-2203 - Powers, benefits, and privileges.

21-2203.  Powers, benefits, and privileges.Except as the Nebraska Professional Corporation Act shall otherwise require, professional corporations shall enjoy all the powers, benefits, and privileges and be subject to all the duties, restrictions, and liabilities of a business corporation under the Nebraska Model Business Corporation Act and sections 21-301 to 21-325.02.Source   Laws 1969, c. 121, § 3, p. 556;   Laws 1995, LB 109, § 208;  Laws 2014, LB749, § 270. Cross References  Nebraska Model Business Corporation Act, see section 21-201.
NE Code § 21-2204 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-2204 - Articles of incorporation; certificate of registration; filing.

21-2204.  Articles of incorporation; certificate of registration; filing.(1) One or more individuals residing within the State of Nebraska, each of whom is licensed or otherwise legally authorized to render the same professional service, may, by filing articles of incorporation and a certificate of registration with the Secretary of State, organize and become a shareholder in a professional corporation. The articles of incorporation shall conform to the requirements of section 21-220 and the certificate of registration shall conform to the requirements of sections 21-2216 to 21-2218.(2) In addition to the requirements of subsection (1) of this section, the articles of incorporation shall contain a statement of the profession to be practiced by the corporation.Source   Laws 1969, c. 121, § 4, p. 556;   Laws 1995, LB 109, § 209;  Laws 2004, LB 16, § 1;  Laws 2014, LB749, § 271.
NE Code § 21-2205 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-2205 - Professional services that may be rendered.

21-2205.  Professional services that may be rendered.A professional corporation shall render only one type of professional service and such services as may be ancillary thereto and shall not engage in any other profession. No corporation organized and incorporated under the Nebraska Professional Corporation Act may render professional services except through its officers, employees, and agents who are duly licensed or otherwise legally authorized to render such professional services within this state. This section shall not be interpreted to include in the term employee, as used in the act, clerks, secretaries, bookkeepers, technicians, and other assistants who are not usually and ordinarily considered by custom and practice to be rendering professional services to the public for which a license or other legal authorization is required.A professional corporation may own real and personal property necessary or appropriate for rendering the type of professional services it was organized to render and may invest its funds in real estate, mortgages, stocks, bonds, and any other type of investments.Source   Laws 1969, c. 121, § 5, p. 556;   Laws 1997, LB 622, § 57.
NE Code § 21-2206 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-2206 - Corporate name.

21-2206.  Corporate name.The corporate name of a corporation organized under sections 21-2201 to 21-2222 shall contain the word professional corporation, or P.C. The use of the word company, corporation, incorporated, or any other word, abbreviation, affix or prefix indicating that it is a corporation in the corporate name of a corporation organized under sections 21-2201 to 21-2222, other than the words professional corporation, or the abbreviation P.C. is specifically prohibited.Source  Laws 1969, c. 121, § 6, p. 557.
NE Code § 21-2207 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-2207 - Offices; designate in articles of incorporation; change; duties.

21-2207.  Offices; designate in articles of incorporation; change; duties.A professional corporation shall have only those offices which are designated by street address in the articles of incorporation, and shall not change any such office or offices without amendment of the articles of incorporation.Source  Laws 1969, c. 121, § 7, p. 557.
NE Code § 21-2208 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-2208 - Shares of capital stock; issuance; transfer; conditions; violation; effect.

21-2208.  Shares of capital stock; issuance; transfer; conditions; violation; effect.A professional corporation may issue shares of its capital stock only to persons who are duly registered in Nebraska to render the same professional service as that provided in its articles of incorporation. A shareholder in a professional corporation may voluntarily transfer his shares only to a person who is duly licensed to render the same professional service as that for which the corporation was organized. No shares shall be issued by or transferred upon the books of the professional corporation unless there has been filed with the Secretary of State a certificate by the regulating board stating that the person to whom the shares are to be issued or transferred is duly licensed to render the same professional service as that for which the corporation was organized. Any share transferred or issued in violation of this section shall be null and void.Source  Laws 1969, c. 121, § 8, p. 557.
NE Code § 21-2210 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-2210 - Professional relationship and liabilities.

21-2210.  Professional relationship and liabilities.Nothing contained in sections 21-2201 to 21-2222 shall be interpreted to abolish, repeal, modify, restrict or limit the law now in effect in this state applicable to the professional relationship and liabilities between the person furnishing the professional services and the person receiving such professional services or to the standards of professional conduct. Any officer, shareholder, agent or employee of a corporation organized under sections 21-2201 to 21-2222 shall remain personally and fully liable and accountable for any negligent or wrongful act or misconduct committed by him, or by any person under his direct supervision and control, while rendering professional service on behalf of the corporation to the person for whom such professional services were being rendered. The corporation shall be liable up to the full value of its property for any negligent or wrongful acts or misconduct committed by any of its officers, agents or employees while they are engaged on behalf of the corporation.Source  Laws 1969, c. 121, § 10, p. 558.
NE Code § 21-2211 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-2211 - Regulating board; powers.

21-2211.  Regulating board; powers.Nothing in sections 21-2201 to 21-2222 shall restrict or limit in any manner the authority and duty of a regulating board in registering individuals licensed to perform professional services or the practice of the profession which is within the jurisdiction of such board, notwithstanding the fact that such individual is an officer, director, shareholder or employee of a professional corporation and renders such professional service or engages in the practice of such profession through the professional corporation.Source  Laws 1969, c. 121, § 11, p. 558.
NE Code § 21-2212 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-2212 - Death or disqualification of shareholder; purchase or redemption of shares; death or disqualification of last remaining shareholder; powers of successor in interest.

21-2212.  Death or disqualification of shareholder; purchase or redemption of shares; death or disqualification of last remaining shareholder; powers of successor in interest.(1) The articles of incorporation or the bylaws of the professional corporation shall provide for the purchase or redemption of the shares of any shareholder upon his or her death or disqualification to render the professional services of the professional corporation within this state.(2) Unless otherwise provided in the articles of incorporation or the bylaws of the professional corporation, upon the death or disqualification of the last remaining shareholder of a professional corporation, a successor in interest to such deceased or disqualified shareholder may dissolve the corporation and wind up and liquidate its business and affairs, notwithstanding the fact that such successor in interest could not have become a shareholder of the professional corporation. The successor in interest may file articles of dissolution with the Secretary of State in accordance with section 21-2,186. Thereafter, the successor in interest may wind up and liquidate the corporation's business and affairs in accordance with section 21-2,188 and notify claimants in accordance with sections 21-2,189 and 21-2,190.Source   Laws 1969, c. 121, § 12, p. 558;  Laws 2010, LB759, § 1;  Laws 2014, LB749, § 273.
NE Code § 21-2213 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-2213 - Officer, shareholder, agent, or employee; legally disqualified; effect.

21-2213.  Officer, shareholder, agent, or employee; legally disqualified; effect.If any officer, shareholder, agent, or employee of a corporation organized under sections 21-2201 to 21-2222 who has been rendering professional service to the public becomes legally disqualified to render such professional service within this state, or accepts employment that, pursuant to existing law, places restrictions or limitations upon his continued rendering of such professional services, he shall sever all employment with, and financial interests in, such corporation forthwith. A corporation's failure to require compliance with this provision shall constitute a ground for the forfeiture of its articles of incorporation and its dissolution.Source  Laws 1969, c. 121, § 13, p. 558.
NE Code § 21-2214 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-2214 - Secretary of State; names of corporations; certify to Attorney General; legally disqualified officer, shareholder, agent, or employee; action for dissolution.

21-2214.  Secretary of State; names of corporations; certify to Attorney General; legally disqualified officer, shareholder, agent, or employee; action for dissolution.The Secretary of State shall certify to the Attorney General, from time to time, the names of all corporations organized pursuant to the provisions of sections 21-2201 to 21-2222 which have failed to comply with the provisions of section 21-2213. Whenever the Secretary of State shall certify the name of the corporation to the Attorney General as having given cause for dissolution, the Secretary of State shall concurrently mail to the corporation at its registered office a notice that such certification has been made. Upon the receipt of such certification, the Attorney General shall file an action in the name of the state against such corporation for its dissolution.Source  Laws 1969, c. 121, § 14, p. 559.
NE Code § 21-2215 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-2215 - Involuntary dissolution; procedure.

21-2215.  Involuntary dissolution; procedure.Every action for the involuntary dissolution of a corporation failing to comply with the provisions of section 21-2213 shall be commenced by the Attorney General either in the district court of the county in which the registered office of the corporation is situated or in the district court of Lancaster County. Summons shall issue and be served as in other civil actions. If process is returned not found, the Attorney General shall cause publication to be made as in other civil cases in some newspaper published in the county where the last-known registered office of the corporation is situated, containing a notice of pendency of such action, the title of the court, the title of the action, and the date on and after which default may be entered. The Attorney General shall cause a copy of such notice to be mailed to the corporation at its last-known registered office or mailing address within ten days after the first publication thereof. The certificate of the Attorney General of the mailing of such notice shall be prima facie evidence thereof. Such notice shall be published at least once each week for two successive weeks, and the first publication thereof may begin at any time after the summons has been returned. Unless a corporation shall have been served with summons, no default shall be taken against it earlier than thirty days after the first publication of such notice.Source  Laws 1969, c. 121, § 15, p. 559.
NE Code § 21-2217 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-2217 - Registration certificate; term; filing; failure to file; effect; not transferable.

21-2217.  Registration certificate; term; filing; failure to file; effect; not transferable.Each registration certificate issued to each applicant shall expire by its own terms one year from the date of issuance and may not be renewed. Each professional corporation must annually apply to its regulating board for a registration certificate in the manner provided in section 21-2216. A certificate from the regulating board as provided in section 21-2216 must annually be filed with the Secretary of State within thirty days of the expiration date of the last certificate on file in the office of the Secretary of State or such corporation shall be suspended. If the corporation is suspended, the biennial report and tax cannot be filed and paid in the office of the Secretary of State until the certificate from the regulating board is filed in the office of the Secretary of State. If the report is not filed, the tax paid, and the certificate filed by April 16 of the current year, when the report and tax become delinquent, the corporation shall be dissolved for nonpayment of taxes in compliance with section 21-323. Registration certificates shall not be transferable or assignable.Source   Laws 1969, c. 121, § 17, p. 561;   Laws 1971, LB 489, § 2;   Laws 1973, LB 157, § 5;   Laws 1987, LB 186, § 2;  Laws 2003, LB 524, § 19.
NE Code § 21-2218 (2021)
2021 Nebraska Revised Statutes|Chapter 21 - Corporations and Other Companies|21-2218 - Regulating board; certificate of registration; revoke or suspend; procedure.

21-2218.  Regulating board; certificate of registration; revoke or suspend; procedure.The regulating board may, upon a form prescribed by it, suspend or revoke any certificate of registration of any professional corporation, upon the revocation or suspension of the license to render professional service of any officer, director, shareholder, or professional employee of a holder of a certificate of registration. Notice of such revocation shall be provided the professional corporation affected by sending by certified or registered United States mail a certified copy of such revocation to the professional corporation at its principal place of business set forth in the registration certificate so revoked. At the same time, the regulating board shall forward by regular United States mail a certified copy of such revocation to the Secretary of State who shall thereupon remove the revoked registration certificate from his file and deliver the same to such regulating board.Source  Laws 1969, c. 121, § 18, p. 561.