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2017 Nebraska Revised Statutes
Chapter 44 - INSURANCE
44-8214 Voluntary dissolution; approval of director required; effect of dissolution.
Universal Citation: NE Code § 44-8214 (2017)
44-8214. Voluntary dissolution; approval of director required; effect of dissolution.
The director shall approve any voluntary dissolution of a captive insurer if the director determines that all obligations of the captive insurer have been satisfied. The dissolution of a captive insurer shall not impair the right of any person to commence an action against the captive insurer for any liability previously incurred.
Source
- Laws 2007, LB117, ยง 48.
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