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Code · Nebraska · Chapter 44 — Insurance

44-8214. Voluntary dissolution; approval of director required; effect of dissolution.

52 words·~1 min read·/ne/chapter-44/44-8214

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

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.
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