Nebraska § 66-1516 Responsibility for release or third-party claim; avoidance; prohibited; when

Nebraska Statutes

§ 66-1516 — Responsibility for release or third-party claim; avoidance; prohibited; when

Nebraska·Ch. 66 Oils, Fuels, and Energy

Except as provided in section 81-15,124.05 , no responsible person may avoid responsibility under state law for a release or third-party claim by means of a conveyance of any right, title, or interest in real property or by any indemnification, hold-harmless, or similar agreement. This section shall not be construed to:

(1)Prohibit a responsible person from entering into an agreement by which the person is insured or is a member of a risk retention group and is thereby indemnified for part or all of the liability;

(2)Prohibit the enforcement of an insurance, hold-harmless, or indemnification agreement; or

(3)Bar a cause of action brought by a responsible person or by an insurer or guarantor, whether by right of subrogation or otherwise.

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Except as provided in section 81-15,124.05 , no responsible person may avoid responsibility under state law for a release or third-party claim by means of a conveyance of any right, title, or interest in real property or by any indemnification, hold-harmless, or similar agreement. This section shall not be construed to:
(1) Prohibit a responsible person from entering into an agreement by which the person is insured or is a member of a risk retention group and is thereby indemnified for part or all of the liability;
(2) Prohibit the enforcement of an insurance, hold-harmless, or indemnification agreement; or
(3) Bar a cause of action brought by a responsible person or by an insurer or guarantor, whether by right of subrogation or otherwise.

Nebraska § 66-1516 (Responsibility for release or third-party claim; avoidance; prohibited; when) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.