reglab/housing_qa huggingface dataset:
NE Code § 70-721 (2021)
2021 Nebraska Revised Statutes|Chapter 70 - Power Districts and Corporations|70-721 - Board of directors; quorum; how determined.

70-721.  Board of directors; quorum; how determined.A majority of the board shall constitute a quorum for the transaction of business, unless a greater number is required by the articles of incorporation or the bylaws. The act of the majority of the directors present at a meeting at which a quorum is present shall be the act of the board, unless the act of a greater number is required by the articles of incorporation or the bylaws. For the purpose of determining a quorum, alternate directors shall be considered in the event of the absence, disability, disqualification, or death of any director.Source   Laws 1937, c. 50, § 21, p. 209;   C.S.Supp.,1941, § 70-821;   R.S.1943, § 70-721;   Laws 1974, LB 833, § 3.
NE Code § 70-722 (2021)
2021 Nebraska Revised Statutes|Chapter 70 - Power Districts and Corporations|70-722 - Board meetings; notice; waiver.

70-722.  Board meetings; notice; waiver.Meetings of the board, regular or special, shall be held at such place and upon such notice as the bylaws may prescribe. Attendance of a director or alternate director at any meeting shall constitute a waiver of notice of such meeting, except where a director or alternate director attends a meeting for the express purpose of objecting to the transaction of any business because the meeting is not lawfully called or convened. Neither the business to be transacted at, nor the purpose of, any regular or special meeting of the board of directors need be specified in the notice or waiver of notice of such meeting.Source   Laws 1937, c. 50, § 22, p. 209;   C.S.Supp.,1941, § 70-822;   R.S.1943, § 70-722;   Laws 1974, LB 833, § 4.
NE Code § 70-723 (2021)
2021 Nebraska Revised Statutes|Chapter 70 - Power Districts and Corporations|70-723 - Officers; powers; duties; removal.

70-723.  Officers; powers; duties; removal.The board shall elect from its number a president, a vice president, a secretary, and a treasurer, but the same person may be elected to the office of secretary and treasurer. The powers and duties of the foregoing officers, as well as their terms of office and compensation, shall be provided for in the bylaws. The board shall appoint such other officers, agents and employees as it deems necessary, and fix their powers, duties and compensation. Any officer, agent or employee, elected or appointed by the board, may be removed by it whenever in its judgment the best interests of the corporation will be served.Source   Laws 1937, c. 50, § 23, p. 209;   C.S.Supp.,1941, § 70-823;   R.S.1943, § 70-723.
NE Code § 70-724 (2021)
2021 Nebraska Revised Statutes|Chapter 70 - Power Districts and Corporations|70-724 - Executive committee; powers.

70-724.  Executive committee; powers.Any corporation may, by its bylaws, provide for an executive committee to be elected from and by its board of directors. To such committee may be delegated the management of the current and ordinary business of the corporation, and such other duties as the bylaws may prescribe, but the designation of such committee, and the delegation thereto of authority, shall not operate to relieve the board of directors, or any member thereof, of any responsibility imposed upon it or him by sections 70-701 to 70-738.Source   Laws 1937, c. 50, § 24, p. 209;   C.S.Supp.,1941, § 70-824;   R.S.1943, § 70-724.
NE Code § 70-725 (2021)
2021 Nebraska Revised Statutes|Chapter 70 - Power Districts and Corporations|70-725 - Rates for electric energy and other services; nonprofit operation.

70-725.  Rates for electric energy and other services; nonprofit operation.Each corporation shall be operated without profit to its members, but the rates, fees, rents, or other charges, for electric energy, and any other facilities, supplies, equipment, appliances or services furnished by the corporation, shall be sufficient at all times (1) to pay all operating and maintenance expenses necessary or desirable for the prudent conduct of its business, and the principal of and interest on the obligations issued or assumed by the corporation in the performance of the purpose for which it was organized, and (2) for the creation of reserves.Source   Laws 1937, c. 50, § 25, p. 210;   C.S.Supp.,1941, § 70-825;   R.S.1943, § 70-725.
NE Code § 70-726 (2021)
2021 Nebraska Revised Statutes|Chapter 70 - Power Districts and Corporations|70-726 - Revenue; use; surplus; return to consumer.

70-726.  Revenue; use; surplus; return to consumer.The revenue of the corporation shall be devoted, first, to the payment of operating and maintenance expenses and the principal and interest on outstanding obligations, and thereafter to such reserves for improvement, new construction, depreciation and contingencies, as the board may from time to time prescribe. Revenue not required for the purposes set forth in this section shall be returned from time to time to the users of the services or products of such corporation on a pro rata basis according to the amount of business done with each during the period, either in cash, in abatement of current charges for electric energy, or otherwise, as the board determines; but such return may be made by way of general rate reduction to such users, if the board so elects.Source   Laws 1937, c. 50, § 25, p. 210;   C.S.Supp.,1941, § 70-825;   R.S.1943, § 70-726.
NE Code § 70-727 (2021)
2021 Nebraska Revised Statutes|Chapter 70 - Power Districts and Corporations|70-727 - Articles of incorporation; amendment; procedure.

70-727.  Articles of incorporation; amendment; procedure.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 provisions of its articles of incorporation, and to include any purpose, power or provision which would be authorized to be included in original articles of incorporation if executed at the time the amendment is made. Articles of amendment signed by the president or vice president, and attested by the secretary, certifying to such amendment and its lawful adoption, 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 amendment for filing and recording, and issued a certificate of amendment, the amendment or amendments shall be in effect.Source   Laws 1937, c. 50, § 26, p. 210;   C.S.Supp.,1941, § 70-826;   R.S.1943, § 70-727.
NE Code § 70-728 (2021)
2021 Nebraska Revised Statutes|Chapter 70 - Power Districts and Corporations|70-728 - Consolidation of corporations; how effected.

70-728.  Consolidation of corporations; how effected.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, the time of the annual meeting and election, and the names of at least five persons to be directors until the first annual meeting. If such agreement is approved by the votes of a majority of the members of each corporation present in person at any regular meeting, or at any special meeting of its members called for that purpose, the directors named in the agreement shall sign and acknowledge, as incorporators, articles of consolidation conforming substantially to original articles of incorporation of a corporation organized under sections 70-701 to 70-738.Source   Laws 1937, c. 50, § 27, p. 211;   C.S.Supp.,1941, § 70-827;   R.S.1943, § 70-728.
NE Code § 70-729 (2021)
2021 Nebraska Revised Statutes|Chapter 70 - Power Districts and Corporations|70-729 - Articles of consolidation; filing.

70-729.  Articles of consolidation; filing.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 consolidation for filing and recording, and issued a certificate of consolidation, the proposed consolidated corporation, described in the articles under its designated name, shall be a body corporate with all of the powers of a corporation as originally organized hereunder.Source   Laws 1937, c. 50, § 27, p. 211;   C.S.Supp.,1941, § 70-827;   R.S.1943, § 70-729.
NE Code § 70-730 (2021)
2021 Nebraska Revised Statutes|Chapter 70 - Power Districts and Corporations|70-730 - Dissolution; procedure.

70-730.  Dissolution; procedure.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, certifying to such dissolution, and stating that they have been authorized to execute and file such certificate by votes cast in person by a majority of the members of the corporation. A certificate of dissolution 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, and as soon as the Secretary of State shall have accepted the certificate of dissolution for filing and recording, and issued a certificate of dissolution, the corporation shall be deemed to be dissolved.Source   Laws 1937, c. 50, § 28, p. 211;   C.S.Supp.,1941, § 70-828;   R.S.1943, § 70-730.
NE Code § 70-731 (2021)
2021 Nebraska Revised Statutes|Chapter 70 - Power Districts and Corporations|70-731 - Dissolution; discharge of liabilities; distribution of assets.

70-731.  Dissolution; discharge of liabilities; distribution of assets.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 its corporate name. Any assets remaining, after all liabilities or obligations of the corporation have been satisfied or discharged, shall be distributed pro rata among the members of the corporation at the time of the filing of the certificate of dissolution.Source   Laws 1937, c. 50, § 28, p. 211;   C.S.Supp.,1941, § 70-828;   R.S.1943, § 70-731.
NE Code § 70-732 (2021)
2021 Nebraska Revised Statutes|Chapter 70 - Power Districts and Corporations|70-732 - Defective corporations; dissolution; procedure.

70-732.  Defective corporations; dissolution; procedure.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 existing corporation. The certificate of dissolution in such case may be authorized by a majority of the incorporators or directors at a meeting called by any incorporator upon ten days' notice mailed to the last-known post office address of each incorporator or director, and held at the principal office of the corporation named in the articles of incorporation.Source   Laws 1937, c. 50, § 28, p. 211;   C.S.Supp.,1941, § 70-828;   R.S.1943, § 70-732.
NE Code § 70-733 (2021)
2021 Nebraska Revised Statutes|Chapter 70 - Power Districts and Corporations|70-733 - Filing fees.

70-733.  Filing fees.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 issuing a certificate with respect thereto, ten dollars; and (4) filing articles of dissolution, five dollars.Source   Laws 1937, c. 50, § 29, p. 212;   C.S.Supp.,1941, § 70-829;   R.S.1943, § 70-733.
NE Code § 70-734 (2021)
2021 Nebraska Revised Statutes|Chapter 70 - Power Districts and Corporations|70-734 - Securities Act of Nebraska; inapplicable; when.

70-734.  Securities Act of Nebraska; inapplicable; when.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 apply to the issuance of membership certificates.Source   Laws 1937, c. 50, § 30, p. 212;   C.S.Supp.,1941, § 70-830;   R.S.1943, § 70-734;   Laws 1967, c. 424, § 1, p. 1300;   Laws 1998, LB 894, § 7.  Cross References  Securities Act of Nebraska, see section 8-1123.
NE Code § 70-735 (2021)
2021 Nebraska Revised Statutes|Chapter 70 - Power Districts and Corporations|70-735 - Defective incorporation; correction; effect.

70-735.  Defective incorporation; correction; effect.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 and things necessary in the premises for the correction of such defects. The action so taken shall be valid and binding upon all persons concerned, and the capacity of such corporation to file corrected articles of incorporation or amendments to the original articles, or to do and perform all acts and things necessary in the premises, shall not be questioned.Source   Laws 1937, c. 50, § 31, p. 213;   C.S.Supp.,1941, § 70-831;   R.S.1943, § 70-735.
NE Code § 70-736 (2021)
2021 Nebraska Revised Statutes|Chapter 70 - Power Districts and Corporations|70-736 - Existing associations; compliance with sections.

70-736.  Existing associations; compliance with sections.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 incorporation so as to comply with sections 70-701 to 70-738.Source   Laws 1937, c. 50, § 32, p. 213;   C.S.Supp.,1941, § 70-832;   R.S.1943, § 70-736.
NE Code § 70-737 (2021)
2021 Nebraska Revised Statutes|Chapter 70 - Power Districts and Corporations|70-737 - Sections, how construed.

70-737.  Sections, how construed.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.Source   Laws 1937, c. 50, § 33, p. 213;   C.S.Supp.,1941, § 70-833;   R.S.1943, § 70-737.
NE Code § 70-738 (2021)
2021 Nebraska Revised Statutes|Chapter 70 - Power Districts and Corporations|70-738 - Sections; exclusive; applicability of other law.

70-738.  Sections; exclusive; applicability of other law.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.Source   Laws 1937, c. 50, § 35, p. 213;   C.S.Supp.,1941, § 70-835;   R.S.1943, § 70-738.
NE Code § 70-801 (2021)
2021 Nebraska Revised Statutes|Chapter 70 - Power Districts and Corporations|70-801 - District; how created.

70-801.  District; how created.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.Source  Laws 1949, c. 196, § 1, p. 571.
NE Code § 70-802 (2021)
2021 Nebraska Revised Statutes|Chapter 70 - Power Districts and Corporations|70-802 - Terms, defined.

70-802.  Terms, defined.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 district as applied to public corporations created under Chapter 70, article 6, and amendments thereof;(3) Petitioner means the corporation or association which presents a petition to the Nebraska Power Review Board for the creation of a public power district pursuant to Chapter 70, article 8;(4) Electric utility means the business of conducting or carrying on, in service to the public, any one or more of the functions or operations of generation, transmission, distribution, sale, and purchase of electrical energy, hydrogen, or ethanol for purposes of lighting, power, heating, and any and every other useful purpose whatsoever, and any and all plants, lines, systems, and any and all other property owned, used, operated, or useful for such operation;(5) Electric cooperative corporation means a corporation organized under Chapter 70, article 7; and(6) Rural area means any area not included within the boundaries of any incorporated city or village.Source   Laws 1949, c. 196, § 2, p. 571;   Laws 1981, LB 181, § 36;   Laws 1986, LB 1230, § 50;  Laws 2005, LB 139, § 18.
NE Code § 70-804 (2021)
2021 Nebraska Revised Statutes|Chapter 70 - Power Districts and Corporations|70-804 - Formation of district; petition; investigation; hearing; notice; expenses.

70-804.  Formation of district; petition; investigation; hearing; notice; expenses.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 of the petitioner, its proposed dissolution and transfer of its assets to the district. The board shall also conduct a public hearing upon such petition after publishing a notice of the time and place of such hearing for three consecutive weeks in any legal newspaper widely circulated in the territory comprising the proposed district. The petitioner shall pay the necessary expenses incurred by the board in making investigations and conducting hearings pursuant to the provisions of Chapter 70, article 8.Source   Laws 1949, c. 196, § 4, p. 574;   Laws 1981, LB 181, § 38.
NE Code § 70-805 (2021)
2021 Nebraska Revised Statutes|Chapter 70 - Power Districts and Corporations|70-805 - Formation of district; petition; hearing; approval; procedure.

70-805.  Formation of district; petition; hearing; approval; procedure.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 proposed district and its proposed operation of an electric utility are feasible and conform to public convenience and welfare, the board shall thereupon and without delay issue a certificate in duplicate, setting forth a true copy of the petition and declaring that the petition has been approved. The board shall cause said certificate to be filed as provided in section 70-608, and thereupon such district under its designated name shall be and constitute a body politic and corporate and thenceforth shall be a public power district governed by all provisions of Chapter 70, article 6, and of other pertinent statutes, insofar as the same pertain to public power districts after their creation.Source   Laws 1949, c. 196, § 5, p. 574;   Laws 1981, LB 181, § 39.
NE Code § 70-806 (2021)
2021 Nebraska Revised Statutes|Chapter 70 - Power Districts and Corporations|70-806 - Formation of district; petitioner; appeal; procedure.

70-806.  Formation of district; petitioner; appeal; procedure.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.Source   Laws 1949, c. 196, § 6(1), p. 575;   Laws 1981, LB 181, § 40;   Laws 1988, LB 352, § 111.  Cross References  Administrative Procedure Act, see section 84-920.
NE Code § 70-807 (2021)
2021 Nebraska Revised Statutes|Chapter 70 - Power Districts and Corporations|70-807 - Formation of district; petition granted; interested person; appeal; procedure.

70-807.  Formation of district; petition granted; interested person; appeal; procedure.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.Source   Laws 1949, c. 196, § 6(2), p. 575;   Laws 1981, LB 181, § 41;   Laws 1988, LB 352, § 112.  Cross References  Administrative Procedure Act, see section 84-920.
NE Code § 70-808 (2021)
2021 Nebraska Revised Statutes|Chapter 70 - Power Districts and Corporations|70-808 - Sections, how construed.

70-808.  Sections, how construed.Sections 70-801 to 70-808 are and shall be construed to be cumulative, independent legislation, and complete in themselves.Source  Laws 1949, c. 196, § 7, p. 576.
NE Code § 70-809 (2021)
2021 Nebraska Revised Statutes|Chapter 70 - Power Districts and Corporations|70-809 - Audit.

70-809.  Audit.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.Source  Laws 1993, LB 310, § 11.
NE Code § 70-901 (2021)
2021 Nebraska Revised Statutes|Chapter 70 - Power Districts and Corporations|70-901 - Expiration of act.

70-901.  Expiration of act.
NE Code § 70-902 (2021)
2021 Nebraska Revised Statutes|Chapter 70 - Power Districts and Corporations|70-902 - Expiration of act.

70-902.  Expiration of act.
NE Code § 70-903 (2021)
2021 Nebraska Revised Statutes|Chapter 70 - Power Districts and Corporations|70-903 - Expiration of act.

70-903.  Expiration of act.
NE Code § 70-904 (2021)
2021 Nebraska Revised Statutes|Chapter 70 - Power Districts and Corporations|70-904 - Expiration of act.

70-904.  Expiration of act.
NE Code § 70-905 (2021)
2021 Nebraska Revised Statutes|Chapter 70 - Power Districts and Corporations|70-905 - Expiration of act.

70-905.  Expiration of act.