Legislative Bill 628, effective July 19, 2024, amends provisions relating to the registration of professional service LLCs and professional corporations.
Legislative Bill 628, effective July 19, 2024, amends provisions relating to filing requirement for LLCs rendering a professional service and professional corporations.
Legislative Bill 94, effective July 19, 2024, enacts the 2022 amendments to the Uniform Commercial Code, including a new Article 12 on controllable electronic records and amendments to Article 9.
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.
Case summaries
UCC
In re Hansen-Mueller Co., Case No. BK 25-81226, decided May 4, 2026. The U.S. Bankruptcy Court for the District of Nebraska held that Texas grain producers did not have a superior claim to grain proceeds held by the debtor. The Texas producers’ claim was based on a Texas statute that grants a super-priority lien under circumstances that they claimed applied in this case. However, the court noted that the Texas statute states that for a lien to continue being perfected, a financing statement covering the crop must be filed within 90 days. Here, some of the Texas producers failed to file any financing statement within the 90 day period and therefore any liens they held under the statute were unperfected and did not have priority over other claims. In addition, the Texas producers who did file financing statements filed them in the wrong location. Under Article 9 of Texas’ UCC law, which applies to liens created under the statute, the financing statement had to be filed in the jurisdiction where the debtor was located. In this case the debtor was a Nebraska corporation so the financing statement had to be filed in Nebraska and not Texas. The court rejected the argument that Texas was proper because the UCC states that when “farm products” are located in a jurisdiction, that jurisdiction’s law governs. The court noted that farm products are goods produced when the debtor is engaged in a farming operation, which was not the case here. The court also rejected the argument based on the UCC section that provides the local law of the location of the collateral governs, as that refers to the possessory security interest in collateral, which was not at issue here. Therefore, the Texas producers who filed a financing statement in Texas within the 90 day period also did not perfect their liens.
Other notices
There are no new notices at this time.