Legislative Bill 649, (Laws of 2021), operative July 1, 2022, amends the state’s UCC law to add a new chapter addressing controllable electronic records and to amend existing law to address the perfection of a security interest in controllable electronic records.
Legislative Bill 177, effective September 11, 2021, increases the time for the perfection of fertilizer and agricultural chemical liens and seed liens or electrical power/energy liens from 60 days to 120 days after the last delivery of goods or services covered by these respective liens.
Legislative Bill 253, effective July 1, 2021, amends the Nebraska Uniform Protected Series Act to provide that a protected series may not render a professional service and to clarify certain filing fees.
Legislative Bill 808 (Laws of 2020), effective July 1, 2021, provides for a procedure whereby a corporation can ratify a defective corporate action.
Legislative Bill 649, which was signed by the Governor May 25, amends sections of Article 9 of Nebraska’s UCC law regarding perfection, priority rights, and other issues regarding controllable electronic records. The bill also adds a new Article 12 called “Uniform Commercial Code – Controllable Electronic Records.” These amendments are effective July 1, 2022.
Legislative Bill 910 (Laws of 2020), effective July 1, 2021, revises certain fees charged by the Secretary of State for filing initial and subsequent business entity documents. The bill also revises fees related to UCC filings.
Legislative Bill 78, effective September 1, 2019, amends the LLC law to permit an LLC to rescind its dissolution under certain circumstance and set forth the procedure for so doing. The bill also amends provisions related to series LLCs, effective January 1, 2021.
Legislative Bill 749, effective July 19, 2018, provides that nonprofit corporations will not be assessed the $5 per page recording fee for the filing of a Biennial Report.