US Lawyer Database

For Lawyer-Seekers

YOU DESERVE THE BEST LAWYER

Home » US Law » 2022 Nebraska Revised Statutes » Chapter 21 - Corporations and Other Companies » 21-126 – No agency power of member as member.

21-126. No agency power of member as member.

(RULLCA 301) (a) A member is not an agent of a limited liability company solely by reason of being a member.

(b) A person’s status as a member does not prevent or restrict law other than the Nebraska Uniform Limited Liability Company Act from imposing liability on a limited liability company because of the person’s conduct.

Source

  • Laws 2010, LB888, § 26.