(RULLCA 1007) (a) Subject to section 21-183 , a plan of conversion must be consented to by all the members of a converting limited liability company. (b) Subject to section 21-183 and any contractual rights, after a conversion is approved, and at any time before articles of conversion are delivered to the Secretary of State for filing under section 21-177 , a converting limited liability company may amend the plan or abandon the conversion: (1) as provided in the plan; or (2) except as otherwise prohibited in the plan, by the same consent as was required to approve the plan.
Neb. Rev. Stat. § 21-176
Action on plan of conversion by converting limited liability company
Laws 2010, LB888, § 76.
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.