Nebraska § 44-8212 - Credit for reserves ceded to reinsurer.
Full text of Nebraska Revised Statutes of Nebraska § 44-8212 — Credit for reserves ceded to reinsurer., with citation guidance and answers to common questions.
§ 44-8212. Credit for reserves ceded to reinsurer.
(1) Except as otherwise provided in subsection (2) of this section, any captive insurer authorized to do business in this state may take credit for reserves on risks ceded to a reinsurer pursuant to the provisions of sections 44-416.05 to 44-416.10 and any rules and regulations adopted and promulgated under such sections.
(2) Notwithstanding the provisions of subsection (1) of this section, any captive insurer may cede risks to a reinsurer not meeting the standards of sections 44-416.05 to 44-416.10 and may take reserve credits if the captive insurer receives prior written approval from the director.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 44-8212
What does Revised Statutes of Nebraska § 44-8212 cover?
Section 44-8212 ("Credit for reserves ceded to reinsurer.") 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 § 44-8212?
A common citation format is "Revised Statutes of Nebraska § 44-8212" (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 § 44-8212 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.