(1) Any domestic insurance company may, in the course of its business, accept reinsurance or bulk reinsurance for the same kinds of insurance and within the same limits as it is authorized to transact directly. (2) Any domestic insurance company may, in the usual course of business, reinsure any of its risks.
Neb. Rev. Stat. § 44-224.02
Reinsurance; authorization
Laws 1957, c. 180, § 2, p. 620.
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.