Nebraska § 44-216 Mutual company; assessment association; articles of incorporation; contents

Nebraska Statutes

§ 44-216 — Mutual company; assessment association; articles of incorporation; contents

Nebraska § 44-216

Ch. 44Insurance

This text of Nebraska § 44-216 (Mutual company; assessment association; articles of incorporation; contents) 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. § 44-216 (2026).

Text

The articles of incorporation of a mutual company or an assessment association may limit the insurance to specified kinds or classes of property, lives, individuals, or liabilities within any subdivision of section  44-201  or the territory within which insurance shall be granted and shall provide the manner in which policyholders of a mutual company shall participate in the profits of the company.

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The articles of incorporation of a mutual company or an assessment association may limit the insurance to specified kinds or classes of property, lives, individuals, or liabilities within any subdivision of section 44-201 or the territory within which insurance shall be granted and shall provide the manner in which policyholders of a mutual company shall participate in the profits of the company.

Legislative History

Source: Laws 1913, c. 154, § 85, p. 430; R.S.1913, § 3222; Laws 1919, c. 190, tit. V, art. V, § 8, p. 610; C.S.1922, § 7821; C.S.1929, § 44-408; R.S.1943, § 44-216; Laws 1989, LB 92, § 62.