Neb. Rev. Stat. §§ 44-8904

Current with changes through the 2024 First Special Legislative Session
Section 44-8904 - Director; valuation of reserves; duties; powers

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.

Neb. Rev. Stat. §§ 44-8904

Laws 2014, LB 755, § 4.
Added by Laws 2014, LB 755,§ 4, eff. 7/18/2014.