{"data":{"id":"us-ne/neb.-rev.-stat.-21-146","jurisdiction":"us-ne","citation":"Neb. Rev. Stat. § 21-146","heading":"Neb. Rev. Stat. § 21-146","body":"(RULLCA 603) (a) When a person is dissociated as a member of a limited liability company:\n\n(1) the person's right to participate as a member in the management and conduct of the company's activities terminates;\n\n(2) if the company is member-managed, the person's fiduciary duties as a member end with regard to matters arising and events occurring after the person's dissociation; and\n\n(3) subject to section 21-143 and sections 21-170 to 21-184 , any transferable interest owned by the person immediately before dissociation in the person's capacity as a member is owned by the person solely as a transferee.\n\n(b) A person's dissociation as a member of a limited liability company does not of itself discharge the person from any debt, obligation, or other liability to the company or the other members which the person incurred while a member.","path":["NE Code","Chapter 21"],"source_url":"https://nebraskalegislature.gov/laws/statutes.php?statute=21-146","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:21Z","sha256":"bb776d28cd18e9d0dec7f2374cd1837ed000f8b6d6afe9a76b79f43812c456e5","source_id":"us-ne","stale":false,"prev":"us-ne/neb.-rev.-stat.-21-145","next":"us-ne/neb.-rev.-stat.-21-147"},"notice":"GroundRules: Original legal text. Not legal advice."}