2009 Nebraska Code
Chapter 21 CORPORATIONS AND OTHER COMPANIES
21-176 Action on plan of conversion by converting limited liability company.
21-176.
Action on plan of conversion by converting
limited liability company.(ULLCA 1007) (a) Subject to section 21-183, a plan of conversion must be consented to by all the members of a converting limited liability company.
(b) Subject to section 21-183 and any contractual rights, after a conversion is approved, and at any time before articles of conversion are delivered to the Secretary of State for filing under section 21-177, a converting limited liability company may amend the plan or abandon the conversion:
(1) as provided in the plan; or
(2) except as otherwise prohibited in the plan, by the same consent as was required to approve the plan.
Source-
Laws 2010, LB888, ยง 76.
Operative Date: January 1, 2011
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