Section 43-2104 – APPROVAL OF REHABILITATION PLAN BY CREDITORS.
43-2104. APPROVAL OF REHABILITATION PLAN BY CREDITORS. The plan so approved by the board of directors shall thereupon be submitted to the known creditors of the district directly affected thereby, in such manner as to the board may seem appropriate and practical under the circumstances. The approval of such plan by creditors shall be in […]
Section 43-2105 – MAJORITY OF CREDITORS CONSENTING — NONCONSENTING CREDITORS — CONSTRUCTIVE CONSENT PROCEEDINGS.
43-2105. MAJORITY OF CREDITORS CONSENTING — NONCONSENTING CREDITORS — CONSTRUCTIVE CONSENT PROCEEDINGS. If the written consent of all creditors directly affected by the proposed plan is not obtained within the time specified in the plan for the approval thereof by the creditors, but if a majority in amount of each class of creditors has approved […]