Nebraska Revised Statute 31-432

Chapter 31 Section 432

31-432.

Director conveying or losing interest in land; vacancy created.

If any director shall sell and convey his assessed realty and not be an officer of a company interested, he shall no longer serve as director or officer.

Source

  • Laws 1907, c. 153, § 26, p. 484;
  • R.S.1913, § 1896;
  • C.S.1922, § 1844;
  • C.S.1929, § 31-532;
  • R.S.1943, § 31-432.