Nebraska § 44-2128 Merger; acquisition; exempt transactions

Nebraska Statutes

§ 44-2128 — Merger; acquisition; exempt transactions

Nebraska § 44-2128

Ch. 44Insurance

This text of Nebraska § 44-2128 (Merger; acquisition; exempt transactions) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 44-2128 (2026).

Text

Section 44-2126 shall not apply to:

(1)Any transaction which is subject to the provisions of the Nebraska Model Business Corporation Act and sections 44-224.01 to 44-224.10 , except as otherwise provided in Chapter 44, dealing with the merger or consolidation of two or more insurers; or

(2)Any offer, request, invitation, agreement, or acquisition which the director by order shall exempt therefrom as (a) not having been made or entered into for the purpose and not having the effect of changing or influencing the control of a domestic insurer or (b) otherwise not comprehended within the purposes of section 44-2126 .

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Section 44-2126 shall not apply to:
(1) Any transaction which is subject to the provisions of the Nebraska Model Business Corporation Act and
sections 44-224.01 to 44-224.10 , except as otherwise provided in Chapter 44,
dealing with the merger or consolidation of two or more insurers; or
(2) Any offer, request, invitation, agreement, or acquisition which
the director by order shall exempt therefrom as (a) not having been made or
entered into for the purpose and not having the effect of changing or influencing
the control of a domestic insurer or (b) otherwise not comprehended within
the purposes of section 44-2126 .

Legislative History

Source: Laws 1991, LB 236, § 9; Laws 1995, LB 109, § 221; Laws 2014, LB749, § 287. Cross References: Nebraska Model Business Corporation Act, see section 21-201.