21-226. Purposes.
131 words·~1 min read·
/ne/chapter-21/21-226A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(MBCA 3.01)
(a)Every corporation incorporated under the Nebraska Model Business Corporation Act has the purpose of engaging in any lawful business unless a more limited purpose is set forth in the articles of incorporation.
(b)A corporation engaging in a business that is subject to regulation under another statute of this state may incorporate under the Nebraska Model Business Corporation Act only if permitted by, and subject to all limitations of, the other statute.
(c)Corporations shall not be organized under the act to perform any professional services as specified in section 21-2202 except for professional services rendered by a designated broker as defined in section 81-885.01 .
(d)A designated broker as defined in section 81-885.01 may be organized as a corporation under the Nebraska Model Business Corporation Act.