No agency power of member as member.

  1. Law
  2. Nebraska Revised Statutes
  3. Corporations and Other Companies
  4. No agency power of member as member.

Checkout our iOS App for a better way to browser and research.

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, § 26.


Download our app to see the most-to-date content.