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2018 Nebraska Revised Statutes
Chapter 21 - CORPORATIONS AND OTHER COMPANIES
21-529 Restriction on entity transaction involving protected series.
Universal Citation: NE Code § 21-529 (2018)
21-529. Restriction on entity transaction involving protected series.
A series limited liability company may not be:
(1) an acquiring, acquired, converting, converted, domesticating, or domesticated entity; or
(2) except as otherwise provided in section 21-530, a party to or the surviving company of a merger.
Source
- Laws 2018, LB1121, ยง 30.
- Operative Date: January 1, 2021
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