Nebraska § 21-103 - Knowledge; notice.
Full text of Nebraska Revised Statutes of Nebraska § 21-103 — Knowledge; notice., with citation guidance and answers to common questions.
§ 21-103. Knowledge; notice.
(RULLCA 103) (a) A person knows a fact when the person:
(1) has actual knowledge of it; or
(2) is deemed to know it under subdivision (d)(1) of this section or law other than the Nebraska Uniform Limited Liability Company Act.
(b) A person has notice of a fact when the person:
(1) has reason to know the fact from all of the facts known to the person at the time in question; or
(2) is deemed to have notice of the fact under subdivision (d)(2) of this section.
(c) A person notifies another of a fact by taking steps reasonably required to inform the other person in ordinary course, whether or not the other person knows the fact.
(d) A person that is not a member is deemed:
(1) to know of a limitation on authority to transfer real property as provided in subsection (g) of section 21-127; and
(2) to have notice of a limited liability company's:
(A) dissolution, ninety days after a statement of dissolution under subdivision (b)(1)(B) of section 21-148 becomes effective;
(B) termination, ninety days after a statement of termination under subdivision (b)(2)(E) of section 21-148 becomes effective; and
(C) merger, conversion, or domestication, ninety days after articles of merger, conversion, or domestication under sections 21-170 to 21-184 become effective.
Frequently Asked Questions About Nebraska § 21-103
What does Revised Statutes of Nebraska § 21-103 cover?
Section 21-103 ("Knowledge; notice.") is part of the Revised Statutes of Nebraska, the codified statutory law of Nebraska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nebraska § 21-103?
A common citation format is "Revised Statutes of Nebraska § 21-103" (Nebraska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nebraska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nebraska official source linked on this page or consult a licensed Nebraska attorney.
How does Nebraska § 21-103 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nebraska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nebraska.