2006 Nebraska Revised Statutes - § 44-2128 — Merger; acquisition; exempt transactions.

Section 44-2128
Merger; acquisition; exempt transactions.

Section 44-2126 shall not apply to:

(1) Any transaction which is subject to the provisions of the Business Corporation Act and sections 44-224.01 to 44-224.10, except as otherwise provided in Chapter 44, dealing with the merger or consolidation of two or more insurers; or

(2) Any offer, request, invitation, agreement, or acquisition which the director by order shall exempt therefrom as (a) not having been made or entered into for the purpose and not having the effect of changing or influencing the control of a domestic insurer or (b) otherwise not comprehended within the purposes of section 44-2126.


Source:
    Laws 1991, LB 236, § 9

    Laws 1995, LB 109, § 221

Cross References:
    Business Corporation Act,see section 21-2001.



~Reissue Revised Statutes of Nebraska

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