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Current as of January 01, 2024 | Updated by FindLaw Staff
(RULLCA 1008) (a) After a plan of conversion is approved:
(1) a converting limited liability company shall deliver to the Secretary of State for filing articles of conversion, which must be signed as provided in subsection (a) of section 21-119 and must include:
(A) a statement that the limited liability company has been converted into another organization;
(B) the name and form of the organization and the jurisdiction of its governing statute;
(C) the date the conversion is effective under the governing statute of the converted organization;
(D) a statement that the conversion was approved as required by the Nebraska Uniform Limited Liability Company Act; and
(E) a statement that the conversion was approved as required by the governing statute of the converted organization; and
(2) if the converting organization is not a converting limited liability company, the converting organization shall deliver to the Secretary of State for filing a certificate of organization, which must include, in addition to the information required by subsection (b) of section 21-117:
(A) a statement that the converted organization was converted from another organization;
(B) the name and form of that converting organization and the jurisdiction of its governing statute; and
(C) a statement that the conversion was approved in a manner that complied with the converting organization's governing statute.
(b) A conversion becomes effective:
(1) if the converted organization is a limited liability company, when the certificate of organization takes effect; and
(2) if the converted organization is not a limited liability company, as provided by the governing statute of the converted organization.
Cite this article: FindLaw.com - Nebraska Revised Statutes Chapter 21. Corporations and Other Companies § 21-177. Filings required for conversion; effective date - last updated January 01, 2024 | https://codes.findlaw.com/ne/chapter-21-corporations-and-other-companies/ne-rev-st-sect-21-177/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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