Nebraska § 44-2139 Director; rules and regulations

Nebraska Statutes

§ 44-2139 — Director; rules and regulations

Nebraska § 44-2139

Ch. 44Insurance

This text of Nebraska § 44-2139 (Director; rules and regulations) 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. § 44-2139 (2026).

Text

The director may adopt and promulgate such
rules and regulations and issue such orders as necessary to carry out the
Insurance Holding Company System Act.

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Legislative History

Source: Laws 1991, LB 236, § 19; Laws 2012, LB887, § 14. Annotations: The director of the Department of Insurance should not be impeded in choices of remedy and protective measures by the enumerated powers of the Insurance Holding Company System Act. The importance of the director's duties as a watchdog for policyholders, and the fact that the director is the only watchdog whose authority can bind domestic insurers, counsel in favor of a broad construction of the Insurance Holding Company System Act and the remedies provided therein. CenTra, Inc. v. Chandler Ins. Co., 248 Neb. 844, 540 N.W.2d 318 (1995).