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2012 Nebraska Revised Statutes
Chapter 21 - CORPORATIONS AND OTHER COMPANIES
21-2616 - Contracting debts.


NE Code § 21-2616 (2012) What's This?
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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