{"data":{"id":"us-ne/neb.-rev.-stat.-21-104","jurisdiction":"us-ne","citation":"Neb. Rev. Stat. § 21-104","heading":"Neb. Rev. Stat. § 21-104","body":"(RULLCA 104) (a) A limited liability company is an entity distinct from its members.\n\n(b) A limited liability company may have any lawful purpose, except that a limited liability company may not operate as an insurer as defined in section 44-103 .\n\n(c) A limited liability company has perpetual duration.\n\n(d) A limited liability company shall be classified for state income tax purposes in the same manner as it is classified for federal income tax purposes.","path":["NE Code","Chapter 21"],"source_url":"https://nebraskalegislature.gov/laws/statutes.php?statute=21-104","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:21Z","sha256":"37c98c3c5d823180ddef67467e15c83205a3dbb064f3168f578d0159373a58b0","source_id":"us-ne","stale":false,"prev":"us-ne/neb.-rev.-stat.-21-103","next":"us-ne/neb.-rev.-stat.-21-105"},"notice":"GroundRules: Original legal text. Not legal advice."}