Nebraska Revised Statutes Chapter 44. Insurance § 44-5114. Prohibited investments

(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:

Any share acquired pursuant to this subdivision shall not be considered an admitted asset; and

(2) Any investment which is found by the director to be designed to evade any provision of the Insurers Investment Act.