Conversion. — Nebraska Code § 21-175
Nebraska Code § 21-175 — Conversion.. Reproduced from the official Revised Statutes of Nebraska, with a citation summary, verification link, and related provisions.
§ 21-175. Conversion.
(RULLCA 1006) (a) An organization other than a limited liability company or a foreign limited liability company may convert to a limited liability company, and a limited liability company may convert to an organization other than a foreign limited liability company pursuant to this section, sections 21-176 to 21-178, and a plan of conversion, if:
(1) the other organization's governing statute authorizes the conversion;
(2) the conversion is not prohibited by the law of the jurisdiction that enacted the other organization's governing statute; and
(3) the other organization complies with its governing statute in effecting the conversion.
(b) A plan of conversion must be in a record and must include:
(1) the name and form of the organization before conversion;
(2) the name and form of the organization after conversion;
(3) the terms and conditions of the conversion, including the manner and basis for converting interests in the converting organization into any combination of money, interests in the converted organization, and other consideration; and
(4) the organizational documents of the converted organization that are, or are proposed to be, in a record.
Source: official Nebraska text · Last verified 2026-08-27
At a glance
- Citation: Revised Statutes of Nebraska § 21-175
- Jurisdiction: Nebraska
- Code: Revised Statutes of Nebraska
- Subject: Conversion.
- Text: transcribed from the official source (verify below)
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Statute text is transcribed from the official Revised Statutes of Nebraska. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Nebraska attorney.
Common questions
What is the source of Revised Statutes of Nebraska § 21-175?
The text above is transcribed from the Revised Statutes of Nebraska, the codified statutes of Nebraska. The official publisher link appears under "Verify the text" on this page.
What subject does Revised Statutes of Nebraska § 21-175 address?
It addresses "Conversion.". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Revised Statutes of Nebraska § 21-175 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Nebraska source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Nebraska law to your facts requires a licensed Nebraska attorney who can review the specifics.