Neb. Rev. Stat. § 8-304

This is the official text of Neb. Rev. Stat. § 8-304, part of Nebraska’s Rev. Stat — part of the compiled statutory law of Nebraska, published by the state as "Rev. Stat." Browse the sections below, each linked to its official government source.

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View Statute 8-304

Official statutory text

Subject to the limitations set forth in section 8-303 , each investing member shall be permitted to cast one vote for each hundred dollars of withdrawal value of his stock. Each borrowing member shall be permitted as a borrower to cast one vote, or to cast one vote for each one hundred dollars of the credit value of his stock. Fifteen or more members present at a regular or special meeting of members constitute a quorum. Voting may be by proxy if the instrument authorizing the proxy to vote shall have been executed by a member.

Laws 1899, c. 17, § 1, p. 84;

R.S.1913, § 485;

Laws 1919, c. 190, tit. V, art. XIX, § 2, p. 724;

C.S.1922, § 8084;

C.S.1929, § 8-302;

Laws 1937, c. 19, § 1, p. 125;

C.S.Supp.,1941, § 8-302;

R.S.1943, § 8-304;

Laws 1945, c. 9, § 2, p. 107;

Laws 1953, c. 9, § 1, p. 74.

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.