State Codes and Statutes

State Codes and Statutes

Statutes > Nebraska > Chapter21 > 21-162

21-162. Effect of failure to have certificateof authority.(ULLCA808) (a) A foreign limited liability company transacting business in thisstate may not maintain an action or proceeding in this state unless it hasa certificate of authority to transact business in this state.(b) The failure of aforeign limited liability company to have a certificate of authority to transactbusiness in this state does not impair the validity of a contract or act ofthe company or prevent the company from defending an action or proceedingin this state.(c)A member or manager of a foreign limited liability company is not liable forthe debts, obligations, or other liabilities of the company solely becausethe company transacted business in this state without a certificate of authority. SourceLaws 2010, LB888, § 62.Operative Date: January 1, 2011