There Is a Newer Version of the Nebraska Revised Statutes
2009 Nebraska Code
Chapter 21 CORPORATIONS AND OTHER COMPANIES
21-2616 Contracting debts.
21-2616.
Contracting debts.Debt shall not be contracted and liability shall not be incurred by or on behalf of a limited liability company except by a manager, if management of the limited liability company has been vested in a manager, or by a member of one or more classes, if management of the limited liability company is retained by a member of such class.
Source-
Laws 1993, LB 121, § 16;
Laws 1997, LB 631, § 9.
Termination Date: January 1, 2013
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