State Codes and Statutes

State Codes and Statutes

Statutes > Nebraska > Chapter44 > 44-4807

44-4807. Bonds.In any proceeding under the Nebraska Insurers Supervision, Rehabilitation, and Liquidation Act, the director and his or her deputies shall be responsible on their official bonds for the faithful performance of their duties. If the court deems it desirable for the protection of the assets, it may at any time require an additional bond from the director or his or her deputies, and such bond shall be paid for out of the assets of the insurer as a cost of administration. SourceLaws 1989, LB 319, § 7.