(1) Subject to subsection (2) of this section, member interests shall be patron member interests.

Terms Used In Nebraska Statutes 21-2946

  • Organization: means a limited cooperative association, limited cooperative association governed by a law other than the Nebraska Limited Cooperative Association Act, a general partnership, a limited liability partnership, a limited partnership, a limited liability company, a business trust, a corporation, a cooperative, or any other person having a governing statute. See Nebraska Statutes 21-29,117

(2) The articles of organization or bylaws may establish investor member interests.

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