21-177. Filings required for conversion; effective date.

261 words·~1 min read·/ne/chapter-21/21-177

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(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.