2016 Nebraska Revised Statutes
Chapter 44 - INSURANCE
44-8102 Purpose of act.

NE Code § 44-8102 (2016) What's This?

44-8102. Purpose of act.

The purpose of the Nebraska Protection in Annuity Transactions Act is to require insurers to establish a system to supervise recommendations and to set forth standards and procedures for recommendations made by insurance producers and insurers to consumers regarding annuity transactions so that consumers' insurance needs and financial objectives at the time of the transaction are appropriately addressed.

Source

  • Laws 2006, LB 875, § 14;
  • Laws 2007, LB117, § 27;
  • Laws 2012, LB887, § 22.

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