Nebraska § 44-8102 - Purpose of act; cause of action; liability; act, how construed.
Full text of Nebraska Revised Statutes of Nebraska § 44-8102 — Purpose of act; cause of action; liability; act, how construed., with citation guidance and answers to common questions.
§ 44-8102. Purpose of act; cause of action; liability; act, how construed.
(1) The purpose of the Nebraska Protection in Annuity Transactions Act is to require producers to act in the best interest of the consumer when making a recommendation of an annuity and to require insurers to establish and maintain a system to supervise recommendations so that the consumers' insurance needs and financial objectives at the time of the transaction are appropriately addressed.
(2) Nothing in the Nebraska Protection in Annuity Transactions Act shall be construed to create or imply a private cause of action for a violation of the act or to subject a producer to civil liability under the best interest standard of care outlined in section 44-8106 or under standards governing the conduct of a fiduciary or fiduciary relationship.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 44-8102
What does Revised Statutes of Nebraska § 44-8102 cover?
Section 44-8102 ("Purpose of act; cause of action; liability; act, how construed.") is part of the Revised Statutes of Nebraska, the codified statutory law of Nebraska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nebraska § 44-8102?
A common citation format is "Revised Statutes of Nebraska § 44-8102" (Nebraska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nebraska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nebraska official source linked on this page or consult a licensed Nebraska attorney.
How does Nebraska § 44-8102 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nebraska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nebraska.