Nebraska Statutes 44-5610. Reinsurance intermediary; examination by director
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A reinsurance intermediary shall be subject to examination by the director. The director shall have access to all books, bank accounts, and records of the reinsurance intermediary in a form usable to the director. The cost of examination shall be paid by the reinsurance intermediary in the manner provided in Chapter 44 for insurance companies.
Source
- Laws 1992, LB 1006, § 64.
Terms Used In Nebraska Statutes 44-5610
- Director: shall mean the Director of Insurance. See Nebraska Statutes 44-103
- Reinsurance: shall mean a contract by which an insurer procures a third party to insure it against loss or liability by reason of such original insurance. See Nebraska Statutes 44-103