Nebraska Statutes

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

Nebraska·Ch. 21 Corporations and Other Companies

(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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Nebraska § 21-126 (No agency power of member as member) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: Laws 2010, LB888, § 26.

Nearby Sections

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