Nebraska § 21-183 Restrictions on approval of mergers,
conversions, and domestications

Nebraska Statutes

§ 21-183 — Restrictions on approval of mergers, conversions, and domestications

Nebraska·Ch. 21 Corporations and Other Companies

(RULLCA 1014) (a) If a member of a constituent, converting, or domesticating limited liability company will have personal liability with respect to a surviving, converted, or domesticated organization, approval or amendment of a plan of merger, conversion, or domestication are ineffective without the consent of the member, unless:

(1)the company's operating agreement provides for approval of a merger, conversion, or domestication with the consent of fewer than all the members; and

(2)the member has consented to the provision of the operating agreement.

(b)A member does not give the consent required by subsection (a) of this section merely by consenting to a provision of the operating agreement that permits the operating agreement to be amended with the consent of fewer than all the memb

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(RULLCA 1014) (a) If a member of a constituent, converting,
or domesticating limited liability company will have personal liability with
respect to a surviving, converted, or domesticated organization, approval
or amendment of a plan of merger, conversion, or domestication are ineffective
without the consent of the member, unless:
(1) the company's operating
agreement provides for approval of a merger, conversion, or domestication
with the consent of fewer than all the members; and
(2) the member has consented to
the provision of the operating agreement.
(b) A member does not give the consent required by
subsection (a) of this section merely by consenting to a provision of the
operating agreement that permits the operating agreement to be amended with
the consent of fewer than all the members.

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