State Codes and Statutes

State Codes and Statutes

Statutes > Nebraska > Chapter21 > 21-126

21-126. No agency power of member as member.(ULLCA 301) (a) A memberis not an agent of a limited liability company solely by reason of being amember.(b) A person's statusas a member does not prevent or restrict law other than the Nebraska UniformLimited Liability Company Act from imposing liability on a limited liabilitycompany because of the person's conduct. SourceLaws 2010, LB888, § 26.Operative Date: January 1, 2011