21-2961. Vacancy on board.
124 words·~1 min read·
/ne/chapter-21/21-2961A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)Unless the articles of organization or bylaws otherwise provide, a vacancy on the board of directors shall be filled:
(a)By majority vote of the remaining directors until the next annual members' meeting or special members' meeting held for that purpose; and
(b)For the unexpired term by members at the next annual members' meeting or special members' meeting called for that purpose.
(2)If the vacating director was elected by a group or class of members or by group, class, or district:
(a)The appointed director shall be of that group, class, or district; and
(b)The election of the director for the unexpired term shall be conducted in the same manner as would the election for that position without a vacancy.