Nebraska § 44-8904 Director; valuation of reserves;
duties; powers

Nebraska Statutes

§ 44-8904 — Director; valuation of reserves; duties; powers

Nebraska § 44-8904

Ch. 44Insurance

This text of Nebraska § 44-8904 (Director; valuation of reserves; duties; powers) 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. § 44-8904 (2026).

Text

The
director shall annually value, or cause to be valued, the reserves for all
outstanding life insurance contracts, accident and health insurance contracts,
and deposit-type contracts of every company issued on or after the operative
date of the valuation manual. In lieu of the valuation of the reserves required
of a foreign or alien company, the director may accept a valuation made, or
caused to be made, by the insurance supervisory official of any state or other
jurisdiction when the valuation complies with the minimum standard provided
in the Standard Valuation Act.

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The
director shall annually value, or cause to be valued, the reserves for all
outstanding life insurance contracts, accident and health insurance contracts,
and deposit-type contracts of every company issued on or after the operative
date of the valuation manual. In lieu of the valuation of the reserves required
of a foreign or alien company, the director may accept a valuation made, or
caused to be made, by the insurance supervisory official of any state or other
jurisdiction when the valuation complies with the minimum standard provided
in the Standard Valuation Act.