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NEBRASKA STATUTES AND CODES

21-2911 Business transactions of member with limited cooperative association.

21-2911. Business transactions of member with limited cooperative association.A member may lend money to and transact other business with the limited cooperative association and has the same rights and obligations with respect to the loan or other transaction as a person that is not a member subject to the articles of organization or bylaws or a specific contract relating to the transaction. SourceLaws 2007, LB368, ยง 11.

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