Nebraska § 70-723 - Officers; powers; duties; removal.
Full text of Nebraska Revised Statutes of Nebraska § 70-723 — Officers; powers; duties; removal., with citation guidance and answers to common questions.
§ 70-723. Officers; powers; duties; removal.
The board shall elect from its number a president, a vice president, a secretary, and a treasurer, but the same person may be elected to the office of secretary and treasurer. The powers and duties of the foregoing officers, as well as their terms of office and compensation, shall be provided for in the bylaws. The board shall appoint such other officers, agents and employees as it deems necessary, and fix their powers, duties and compensation. Any officer, agent or employee, elected or appointed by the board, may be removed by it whenever in its judgment the best interests of the corporation will be served.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 70-723
What does Revised Statutes of Nebraska § 70-723 cover?
Section 70-723 ("Officers; powers; duties; removal.") 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 § 70-723?
A common citation format is "Revised Statutes of Nebraska § 70-723" (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 § 70-723 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.