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Loans to or guaranties for directors and officers.

Neb. Rev. Stat. § 21-1988
in effect
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21-1988. Loans to or guaranties for directors and officers. (a) A corporation may not lend money to or guaranty the obligation of a director or officer of the corporation. (b) The fact that a loan or guaranty is made in violation of this section does not affect the borrower's liability on the loan. Laws 1996, LB 681, § 88.
Source: Nebraska Legislature (nebraskalegislature.gov)URL: https://nebraskalegislature.gov/laws/statutes.php?statute=21-1988Fetched: 10/20/2026

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