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

Neb. Rev. Stat. § 44-8214 — under INSURANCE.

Neb. Rev. Stat. § 44-8214

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.