Notwithstanding any other provisions of law, any person, partnership, limited liability company, or corporation may acquire, hold, sell, assign, transfer, mortgage, pledge, or otherwise dispose of the shares of capital stock of a development corporation created under the Nebraska Business Development Corporation Act, except that insurance companies, reciprocal exchanges, and fraternal benefit societies shall not invest therein other than as provided in the Insurers Investment Act.
Neb. Rev. Stat. § 21-2108
Shares; acquire, sell, assign, or mortgage
Laws 1967, c. 100, § 8, p. 304; Laws 1991, LB 237, § 56; Laws 1993, LB 121, § 157.
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.