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Authorized distributions.

Neb. Rev. Stat. § 21-19,128
in effect
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21-19,128. Authorized distributions. (a) A mutual benefit corporation may purchase its memberships if after the purchase is completed: (1) The corporation would be able to pay its debts as they become due in the usual course of its activities; and (2) The corporation's total assets would at least equal the sum of its total liabilities. (b) Corporations may make distributions upon dissolution in conformity with sections 21-19,129 to 21-19,145. Laws 1996, LB 681, § 128.
Source: Nebraska Legislature (nebraskalegislature.gov)URL: https://nebraskalegislature.gov/laws/statutes.php?statute=21-19,128Fetched: 10/20/2026

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