Nebraska Statutes

§ 21-126 — No agency power of member as member

Nebraska § 21-126
JurisdictionNebraska
Ch. 21Corporations and Other Companies

This text of Nebraska § 21-126 (No agency power of member as member) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Neb. Rev. Stat. § 21-126 (2026).

Text

(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.

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Legislative History

Source: Laws 2010, LB888, § 26.

Nearby Sections

15
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Bluebook (online)
Nebraska § 21-126, Counsel Stack Legal Research, https://law.counselstack.com/statute/ne/21-126.