This article is presented as a general, rather than a technical, survey of the relationship between the Model Corporation Act and the present Nebraska Corporation Laws. The purpose is to give a brief comprehensive glance so that Nebraska attorneys will be able to more easily decide what their position will be on the proposed revamping of the present Nebraska Corporation Statutes.

I. Introduction

II. Definitions

III. Substantive Provisions

IV. Formation of Corporations

V. Amendment

VI. Merger and Consolidation

VII. Sale of Assets

VIII. Dissolution

IX. Foreign Corporations

X. Annual Reports

XI. Fees, Franchise Taxes, and Charges

XII. Penalties

XIII. Miscellaneous Provisions

XIV. Conclusion