State Codes and Statutes

Statutes > Nebraska > Chapter44 > 44-8214

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. SourceLaws 2007, LB117, § 48.