Nebraska Amendment 34, Powers of Cooperative Companies Amendment (September 1920)
| Nebraska Amendment 34 | |
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| Election date |
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| Topic Business regulations |
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| Status |
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| Type Legislatively referred constitutional amendment |
Origin |
Nebraska Amendment 34 was on the ballot as a legislatively referred constitutional amendment in Nebraska on September 21, 1920. It was approved.
A "yes" vote supported providing for co-operative features in specific associations, limitations on shares and voting, foreign corporations regulations, and that stocks and bonds be issued only for their actual value. |
A "no" vote opposed providing for co-operative features in specific associations, limitations on shares and voting, foreign corporations regulations, and that stocks and bonds be issued only for their actual value. |
Election results
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Nebraska Amendment 34 |
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| Result | Votes | Percentage | ||
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64,443 | 86.92% | ||
| No | 9,701 | 13.08% | ||
Text of measure
Ballot title
The ballot title for Amendment 34 was as follows:
| “ | To amend Sections 1, 5 and 6, Article XIb.—Corporation sections. Insures co-operative features in certain associations and permits limitation of shares and voting. Regulates foreign corporations. Stocks and bonds to issue only for actual value. | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
- See also: Amending the Nebraska Constitution
A 60% supermajority vote is required during one legislative session for the Nebraska State Legislature to place a constitutional amendment on the ballot. That amounts to a minimum of 30 votes in the unicameral legislature, assuming no vacancies. Amendments do not require the governor's signature to be referred to the ballot. A simple majority vote is required for voter approval. However, the number of affirmative votes cast for the measure must be greater than 35% of the total votes cast in the election. This also applies to citizen initiatives.
See also
External links
Footnotes
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State of Nebraska Lincoln (capital) |
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