Get NE Purchasing Group User's Handbook 1994-2023
K Retention Act The Nebraska Risk Retention Act, hereafter "NRRA" and codified under Neb.Rev.Stat. §44-4401 et seq., became effective May 6, 1987, and is intended to be consistent with and complementary to the Federal Liability Risk Retention Act of 1986, hereafter "LRRA". NRRA is substantially the same as the December 10, 1986 NAIC Model Risk Retention Act draft. The following outlines Nebraska's requirements regarding purchasing groups. I. Notice of Intent to do Business A purchasing group.
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