Nebraska Revised Statute 21-1716
Chapter 21 Section 1716
Membership shares, defined.
Membership shares shall mean a balance held by a credit union and established by a member in accordance with standards specified by the credit union. Each member may own only one membership share. Ownership of a membership share shall represent an interest in the capital of the credit union upon dissolution or conversion to another type of institution.
- Laws 1996, LB 948, § 16.