{"data":{"id":"us-ne/neb.-rev.-stat.-44-5114","jurisdiction":"us-ne","citation":"Neb. Rev. Stat. § 44-5114","heading":"Neb. Rev. Stat. § 44-5114","body":"An insurer shall not invest in:\n\n(1) Issued shares of its own capital stock except with the written permission of the director. Such permission may be granted if the purpose of the acquisition is:\n\n(a) In connection with the lawful plan for mutualization of the insurer;\n\n(b) In furtherance of a retirement, pension, or incentive program for officers or employees of the insurer which has been approved by the shareholders; or\n\n(c) Shown to be for the benefit of all shareholders.\n\nAny share acquired pursuant to this subdivision shall not be considered an admitted asset; and\n\n(2) Any investment which is found by the director to be designed to evade any provision of the Insurers Investment Act.","path":["NE Code","Chapter 44"],"source_url":"https://nebraskalegislature.gov/laws/statutes.php?statute=44-5114","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:21Z","sha256":"01e5b1b8449ddb51b214a969c09c176e997ccda4225ec5e2a781180dda2d9daa","source_id":"us-ne","stale":false,"prev":"us-ne/neb.-rev.-stat.-44-5113","next":"us-ne/neb.-rev.-stat.-44-5115"},"notice":"GroundRules: Original legal text. Not legal advice."}