Voluntary dissolution; approval of director required; effect of dissolution.

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  4. Voluntary dissolution; approval of director required; effect of dissolution.

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44-8214. Voluntary dissolution; approval of director required; effect of dissolution.

The director shall approve any voluntary dissolution of a captive insurer if the director determines that all obligations of the captive insurer have been satisfied. The dissolution of a captive insurer shall not impair the right of any person to commence an action against the captive insurer for any liability previously incurred.

Source

  • Laws 2007, LB117, § 48.


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