Neb. Rev. Stat. §§ 70-731

Current with changes through the 2024 First Special Legislative Session
Section 70-731 - Dissolution; discharge of liabilities; distribution of assets

Such corporation shall continue for the purpose of paying, satisfying and discharging any existing liabilities or obligations, and collecting or liquidating its assets, and doing all other acts required to adjust and wind up its business and affairs, and may sue and be sued in its corporate name. Any assets remaining, after all liabilities or obligations of the corporation have been satisfied or discharged, shall be distributed pro rata among the members of the corporation at the time of the filing of the certificate of dissolution.

Neb. Rev. Stat. §§ 70-731

Laws 1937, c. 50, § 28, p. 211; C.S.Supp.,1941, § 70-828; R.S.1943, § 70-731.