{"data":{"id":"us-ne/neb.-rev.-stat.-21-2979","jurisdiction":"us-ne","citation":"Neb. Rev. Stat. § 21-2979","heading":"Neb. Rev. Stat. § 21-2979","body":"(1) A contribution agreement entered into before formation of the limited cooperative association is irrevocable for six months unless:\n\n(a) Otherwise provided by the agreement; or\n\n(b) All parties to the agreement consent to the revocation.\n\n(2) Upon default by a party to a contribution agreement entered into before formation, the limited cooperative association, once formed, may:\n\n(a) Collect the amount owed as any other debt; or\n\n(b) Unless otherwise provided in the agreement, rescind the agreement if the debt remains unpaid more than twenty days after the limited cooperative association demands payment from the party in a record.","path":["NE Code","Chapter 21"],"source_url":"https://nebraskalegislature.gov/laws/statutes.php?statute=21-2979","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:21Z","sha256":"a4139632bade7e640ad6b86398bd21743abc96134ce0f6a8ad88c37922c4dbba","source_id":"us-ne","stale":false,"prev":"us-ne/neb.-rev.-stat.-21-2978","next":"us-ne/neb.-rev.-stat.-21-298"},"notice":"GroundRules: Original legal text. Not legal advice."}