State Codes and Statutes

State Codes and Statutes

Statutes > Nebraska > Chapter21 > 21-149

21-149. Known claims against dissolved limitedliability company.(ULLCA703) (a) Except as otherwise provided in subsection (d) of this section, adissolved limited liability company may give notice of a known claim undersubsection (b) of this section, which has the effect as provided in subsection(c) of this section.(b) A dissolved limitedliability company may in a record notify its known claimants of the dissolution.The notice must:(1)specify the information required to be included in a claim;(2) provide a mailingaddress to which the claim is to be sent;(3) state the deadline for receipt of the claim, whichmay not be less than one hundred twenty days after the date the notice isreceived by the claimant; and(4) state that the claim will be barred if not receivedby the deadline.(c)A claim against a dissolved limited liability company is barred if the requirementsof subsection (b) of this section are met and:(1) the claim is not received bythe specified deadline; or(2) if the claim is timely received but rejected bythe company:(A)the company causes the claimant to receive a notice in a record stating thatthe claim is rejected and will be barred unless the claimant commences anaction against the company to enforce the claim within ninety days after theclaimant receives the notice; and(B) the claimant does not commence the required actionwithin the ninety days.(d)This section does not apply to a claim based on an event occurring after theeffective date of dissolution or a liability that on that date is contingent. SourceLaws 2010, LB888, § 49.Operative Date: January 1, 2011