Sections 21-612 to 21-615 shall not be considered to prohibit the formation of corporations under other corporation laws of this state.

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Terms Used In Nebraska Statutes 21-616

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • State: when applied to different states of the United States shall be construed to extend to and include the District of Columbia and the several territories organized by Congress. See Nebraska Statutes 49-801