Nebraska § 44-6115.05 Anti-takeover provision; violation; cease and desist order

Nebraska Statutes

§ 44-6115.05 — Anti-takeover provision; violation; cease and desist order

Nebraska § 44-6115.05

Ch. 44Insurance

This text of Nebraska § 44-6115.05 (Anti-takeover provision; violation; cease and desist order) 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. § 44-6115.05 (2026).

Text

Whenever it appears to the director that any person or any director, officer, employee, or agent of the person has engaged in any conduct in violation of section  44-6115 , the director may order the person to cease and desist immediately any further activity. After notice and hearing, the director may also order the person to void any contracts and restore the status quo if such action is in the best interest of the policyholders, the creditors, or the public.

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Whenever it appears to the director that any person or any director, officer, employee, or agent of the person has engaged in any conduct in violation of section 44-6115 , the director may order the person to cease and desist immediately any further activity. After notice and hearing, the director may also order the person to void any contracts and restore the status quo if such action is in the best interest of the policyholders, the creditors, or the public.