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2025 Nebraska Revised Statutes
Chapter 21 - Corporations and Other Companies
21-126 - No agency power of member as member.
Universal Citation:
NE Code § 21-126 (2025)
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21-126. No agency power of member as member.
(RULLCA 301) (a) A member is not an agent of a limited liability company solely by reason of being a member.
(b) A person's status as a member does not prevent or restrict law other than the Nebraska Uniform Limited Liability Company Act from imposing liability on a limited liability company because of the person's conduct.
Source
- Laws 2010, LB888, ยง 26.
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