Nebraska Statutes

§ 21-162 — Effect of failure to have certificate of authority

Nebraska·Ch. 21 Corporations and Other Companies

(RULLCA 808) (a) A foreign limited liability company transacting business in this state may not maintain an action or proceeding in this state unless it has a certificate of authority to transact business in this state.

(b)The failure of a foreign limited liability company to have a certificate of authority to transact business in this state does not impair the validity of a contract or act of the company or prevent the company from defending an action or proceeding in this state.
(c)A member or manager of a foreign limited liability company is not liable for the debts, obligations, or other liabilities of the company solely because the company transacted business in this state without a certificate of authority.

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Related

Walker v. Probandt
25 Neb. Ct. App. 30 (Nebraska Court of Appeals, 2017)
1 case citations

Legislative History

Source: Laws 2010, LB888, § 62.

Nearby Sections

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