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Statute 21 183 — Nebraska Law | CourtGPT
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Nebraska Legal Code

Statute 21 183

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21-183. Restrictions on approval of mergers, conversions, and domestications.(RULLCA 1014) (a) If a member of a constituent, converting, or domesticating limited liability company will have personal liability with respect to a surviving, converted, or domesticated organization, approval or amendment of a plan of merger, conversion, or domestication are ineffective without the consent of the member, unless:(1) the company's operating agreement provides for approval of a merger, conversion, or domestication with the consent of fewer than all the members; and(2) the member has consented to the provision of the operating agreement.(b) A member does not give the consent required by subsection (a) of this section merely by consenting to a provision of the operating agreement that permits the operating agreement to be amended with the consent of fewer than all the members.Source Laws 2010, LB888, § 83.