Nebraska § 44-9108 - Failure to file corporate governance annual disclosure; forfeiture; suspension of certificate of authority.
Full text of Nebraska Revised Statutes of Nebraska § 44-9108 — Failure to file corporate governance annual disclosure; forfeiture; suspension of certificate of authority., with citation guidance and answers to common questions.
§ 44-9108. Failure to file corporate governance annual disclosure; forfeiture; suspension of certificate of authority.
Any insurer failing, without just cause, to timely file the corporate governance annual disclosure as required in the Corporate Governance Annual Disclosure Act shall forfeit fifty dollars each day thereafter such failure continues. The maximum forfeit shall not exceed ten thousand dollars. In addition to the forfeiture, the director may suspend, after notice and hearing, the certificate of authority of the insurer until it has complied with the act. The director may reduce the forfeiture if the insurer demonstrates to the director that the forfeiture would constitute a financial hardship to the insurer. The director shall remit any forfeiture collected pursuant to this section to the State Treasurer for distribution in accordance with Article VII, section 5, of the Constitution of Nebraska.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 44-9108
What does Revised Statutes of Nebraska § 44-9108 cover?
Section 44-9108 ("Failure to file corporate governance annual disclosure; forfeiture; suspension of certificate of authority.") 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 § 44-9108?
A common citation format is "Revised Statutes of Nebraska § 44-9108" (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 § 44-9108 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.