When a corporation is dissolved or ceases to exist, any possibility of reverter and any right of entry or reentry for breach of condition subsequent heretofore or hereafter reserved by or to the corporation and affecting land in this state ceases and determines.
Neb. Rev. Stat. § 76-2,101
Reverter or rights of entry; dissolution of corporation; ceases and determines
Laws 1959, c. 350, § 3, p. 1237.
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.