  This second part of paper develops a theory of linear viscoelastic
nematodynamics applicable to LCP. The viscous and elastic nematic components in
theory are described by using the LEP approach for viscous nematics and de
Gennes free energy for weakly elastic nematic elastomers. The case of applied
external magnetic field exemplifies the occurrence of non-symmetric stresses.
In spite of multi- (10) parametric character of the theory, the use of nematic
operators presents it in an elegant form. When the magnetic field is absent,
the theory is simplified for symmetric case with 6 parameters, and takes an
extremely simple, 2-parametric form for viscoelastic nematodynamics with
possible soft deformation modes. It is shown that the linear nematodynamics is
always reduced to the LEP-like equations where the coefficients are changed for
linear memory functionals whose parameters are calculated from original
viscosities and moduli.
