Nebraska § 21-1716 - Membership shares, defined.
Full text of Nebraska Revised Statutes of Nebraska § 21-1716 — Membership shares, defined., with citation guidance and answers to common questions.
§ 21-1716. Membership shares, defined.
Membership shares shall mean a balance held by a credit union and established by a member in accordance with standards specified by the credit union. Each member may own only one membership share. Ownership of a membership share shall represent an interest in the capital of the credit union upon dissolution or conversion to another type of institution.
Frequently Asked Questions About Nebraska § 21-1716
What does Revised Statutes of Nebraska § 21-1716 cover?
Section 21-1716 ("Membership shares, defined.") is part of the Revised Statutes of Nebraska, the codified statutory law of Nebraska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nebraska § 21-1716?
A common citation format is "Revised Statutes of Nebraska § 21-1716" (Nebraska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nebraska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nebraska official source linked on this page or consult a licensed Nebraska attorney.
How does Nebraska § 21-1716 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nebraska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nebraska.