Nebraska § 21-2960 - Suspension of director by board.
Full text of Nebraska Revised Statutes of Nebraska § 21-2960 — Suspension of director by board., with citation guidance and answers to common questions.
§ 21-2960. Suspension of director by board.
(1) The board of directors may suspend a director, if, considering the director's course of conduct and the inadequacy of other available remedies, immediate suspension is necessary for the best interests of the limited cooperative association and the director is engaged in:
(a) Fraudulent conduct with respect to the limited cooperative association or its members;
(b) Gross abuse of the position of the director;
(c) Intentional infliction of harm on the limited cooperative association; or
(d) Any other behavior, act, or omission as provided by the articles of organization or bylaws.
(2) A suspension under subsection (1) of this section is effective for thirty days unless the board of directors calls and gives notice of a special members' meeting for removal of the director before the end of the thirty-day period in which case the suspension is effective until adjournment of the special meeting or the director is removed.
(3) After suspension, a director may be removed pursuant to section 21-2959.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 21-2960
What does Revised Statutes of Nebraska § 21-2960 cover?
Section 21-2960 ("Suspension of director by board.") 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 § 21-2960?
A common citation format is "Revised Statutes of Nebraska § 21-2960" (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 § 21-2960 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.