Nebraska § 44-8206 Management of business; director or officer; restriction

Nebraska Statutes

§ 44-8206 — Management of business; director or officer; restriction

Nebraska § 44-8206

Ch. 44Insurance

This text of Nebraska § 44-8206 (Management of business; director or officer; restriction) 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. § 44-8206 (2026).

Text

A board of directors or other governing body consisting of not less than three individuals shall manage the business of each captive insurer. The organizational documents or bylaws shall provide for the terms, meetings, and elections of the directors and officers of the governing body. No individual may serve as a director or officer who has been convicted of fraud involving any financial institution or of a felony involving misuse of funds.

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

A board of directors or other governing body consisting of not less than three individuals shall manage the business of each captive insurer. The organizational documents or bylaws shall provide for the terms, meetings, and elections of the directors and officers of the governing body. No individual may serve as a director or officer who has been convicted of fraud involving any financial institution or of a felony involving misuse of funds.