(RULLCA 903) (a) Except as otherwise provided
in subsection (b) of this section, a derivative action under section 21-165
may be maintained only by a person that is a member at the time the action
is commenced and remains a member while the action continues.
(b) If the sole plaintiff
in a derivative action dies while the action is pending, the court may permit
another member of the limited liability company to be substituted as plaintiff.
Notes of Decisions
Cited in
1
case (
1 in the last 5 years), 2025–2025 · leading case:
Kellogg v. Mathiesen, 26 N.W.3d 651 (Neb. 2025).
Kellogg v. Mathiesen, 26 N.W.3d 651 (Neb. 2025).
“A theme throughout his arguments on the various issues is that Kellogg lacked standing to bring a derivative action—an issue we have addressed and rejected.”
Neb. Rev. Stat. § 21-166(a): 1 case
Kellogg v. Mathiesen, 26 N.W.3d 651 (Neb. 2025).
“A theme throughout his arguments on the various issues is that Kellogg lacked standing to bring a derivative action—an issue we have addressed and rejected.”
Annotations are extracted automatically from the opinions in the
Syfert caselaw corpus and ranked by authority, recency, and
treatment. Dots show Syfertize treatment of the citing case itself.