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Code · Nebraska · Chapter 44 — Insurance

44-224.02. Reinsurance; authorization.

52 words·~1 min read·/ne/chapter-44/44-224-02

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)Any domestic insurance company may, in the course of its business, accept reinsurance or bulk reinsurance for the same kinds of insurance and within the same limits as it is authorized to transact directly.
(2)Any domestic insurance company may, in the usual course of business, reinsure any of its risks.
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