Nebraska § 44-2125 Investments in subsidiary; disposal; when

Nebraska Statutes

§ 44-2125 — Investments in subsidiary; disposal; when

Nebraska·Ch. 44 Insurance

If an insurer ceases to control a subsidiary, it shall dispose of any investment made in the subsidiary pursuant to sections  44-2122  to  44-2124  within three years from the time of the cessation of control or within such further time as the director may prescribe unless, at any time after such investment has been made, such investment has met the requirements for investment under any other provision of Chapter 44 and the insurer has notified the director thereof.

Free access — add to your briefcase to read the full text and ask questions with AI

If an insurer ceases to control a subsidiary, it shall dispose of any investment made in the subsidiary pursuant to sections 44-2122 to 44-2124 within three years from the time of the cessation of control or within such further time as the director may prescribe unless, at any time after such investment has been made, such investment has met the requirements for investment under any other provision of Chapter 44 and the insurer has notified the director thereof.

Nebraska § 44-2125 (Investments in subsidiary; disposal; when) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.