Nebraska Statutes

§ 44-224.10 — Reinsurance; consolidation; forfeiture of charter; when

Nebraska § 44-224.10
JurisdictionNebraska
Ch. 44Insurance

This text of Nebraska § 44-224.10 (Reinsurance; consolidation; forfeiture of charter; when) 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. § 44-224.10 (2026).

Text

Whenever any company operating on other than the stock plan reinsures all of its risk and business in bulk its charter shall be deemed forfeited to the State of Nebraska. Whenever any company enters into a contract of consolidation and thereby loses its separate identity, its charter shall be deemed forfeited to the State of Nebraska.

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Legislative History

Source: Laws 1957, c. 180, § 10, p. 624.

Nearby Sections

15
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Bluebook (online)
Nebraska § 44-224.10, Counsel Stack Legal Research, https://law.counselstack.com/statute/ne/44-224.10.