{"data":{"id":"us-ne/neb.-rev.-stat.-21-2990","jurisdiction":"us-ne","citation":"Neb. Rev. Stat. § 21-2990","heading":"Neb. Rev. Stat. § 21-2990","body":"(1) In winding up a limited cooperative association's business, unless otherwise stated in the articles of organization or bylaws, the assets of the limited cooperative association shall be applied to discharge its obligations to creditors, including members who are creditors. Any remaining assets shall be applied to pay in money the net amount distributable to members in accordance with their right to distributions under subsection (2) of this section.\n\n(2) Each member is entitled to a distribution from the limited cooperative association of any remaining assets in the proportion of the member's financial interests to the total financial interests of members of the limited cooperative association after all other obligations are satisfied.","path":["NE Code","Chapter 21"],"source_url":"https://nebraskalegislature.gov/laws/statutes.php?statute=21-2990","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:21Z","sha256":"644c867dac89a82a10211dc91512f235e4506358b3a726df319c58e96f2275c5","source_id":"us-ne","stale":false,"prev":"us-ne/neb.-rev.-stat.-21-299","next":"us-ne/neb.-rev.-stat.-21-2991"},"notice":"GroundRules: Original legal text. Not legal advice."}