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Statute 44 8214 — Nebraska Law | CourtGPT
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Nebraska Legal Code

Statute 44 8214

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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.Source Laws 2007, LB117, § 48.