Nebraska § 44-1201 Contracts, authorized

Nebraska Statutes

§ 44-1201 — Contracts, authorized

Nebraska § 44-1201

Ch. 44Insurance

This text of Nebraska § 44-1201 (Contracts, authorized) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 44-1201 (2026).

Text

Individuals, partnerships, limited liability companies, and corporations in this state, hereby designated as subscribers, are hereby authorized to exchange reciprocal or interinsurance contracts with each other or with individuals, partnerships, limited liability companies, and corporations of other states and countries providing indemnity among themselves from any loss which may be insured against under other provisions of the laws excepting life insurance.

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Individuals, partnerships, limited liability companies, and corporations in this state, hereby designated as subscribers, are hereby authorized to exchange reciprocal or interinsurance contracts with each other or with individuals, partnerships, limited liability companies, and corporations of other states and countries providing indemnity among themselves from any loss which may be insured against under other provisions of the laws excepting life insurance.

Legislative History

Source: Laws 1917, c. 189, § 1, p. 458; Laws 1919, c. 190, tit. V, art. XV, § 1, p. 681; C.S.1922, § 7969; C.S.1929, § 44-1501; R.S.1943, § 44-1201; Laws 1993, LB 121, § 229. Annotations: Defendant was a reciprocal insurance exchange authorized under this article to write public liability automobile insurance. Davis v. Highway Motor Underwriters, 120 Neb. 734, 235 N.W. 325 (1931).