Nebraska § 44-243 All-lines insurer; minimum surplus; maintain; failure; effect

Nebraska Statutes

§ 44-243 — All-lines insurer; minimum surplus; maintain; failure; effect

Nebraska § 44-243

Ch. 44Insurance

This text of Nebraska § 44-243 (All-lines insurer; minimum surplus; maintain; failure; effect) 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. § 44-243 (2026).

Text

Except as provided in section  44-202.01 , an all-lines insurer shall maintain a minimum surplus to policyholders, as defined in section  44-222 , of at least two million dollars in the form of capital, if a stock insurance company, or in the form of surplus, if a mutual insurance company, in accordance with sections  44-214  and  44-219 , respectively. Such an insurer shall not be subject to section  44-245  so long as its surplus to policyholders exceeds such minimum. Whenever the surplus to policyholders of such an insurer falls below such minimum, it shall be deemed to be an impaired insurer and shall automatically be subject to section  44-245 .

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

Except as provided in section 44-202.01 , an all-lines insurer shall maintain a minimum surplus to policyholders, as defined in section 44-222 , of at least two million dollars in the form of capital, if a stock insurance company, or in the form of surplus, if a mutual insurance company, in accordance with sections 44-214 and 44-219 , respectively. Such an insurer shall not be subject to section 44-245 so long as its surplus to policyholders exceeds such minimum. Whenever the surplus to policyholders of such an insurer falls below such minimum, it shall be deemed to be an impaired insurer and shall automatically be subject to section 44-245 .