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Current as of January 01, 2024 | Updated by Findlaw Staff
The capital stock of public utility corporations or common carriers shall not be increased for any purpose, except after public notice for sixty days, and in such manner as may be provided by law. No dividend shall be declared or distributed except out of net earnings after paying all operating expenses including a depreciation reserve sufficient to keep the investment intact.
Cite this article: FindLaw.com - Nebraska Constitution of 1875 Art. X, § 5. Capital stock; dividends - last updated January 01, 2024 | https://codes.findlaw.com/ne/nebraska-constitution-of-1875/ne-const-art-x-sect-5/
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