44-6132. Corporate existence; continuation.
48 words·~1 min read·
/ne/chapter-44/44-6132A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Corporate existence of a mutual insurer reorganizing pursuant to the Mutual Insurance Holding Company Act shall not terminate, but the reorganized stock insurer shall be deemed to be a continuation of the mutual insurer and to have been organized on the date the mutual insurer was originally organized.