Nebraska § 44-319.01 Domestic companies; securities; terms, defined

Nebraska Statutes

§ 44-319.01 — Domestic companies; securities; terms, defined

Nebraska § 44-319.01

Ch. 44Insurance

This text of Nebraska § 44-319.01 (Domestic companies; securities; terms, defined) 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. § 44-319.01 (2026).

Text

For purposes of sections 44-319.01 to 44-319.13 , unless the context otherwise requires:

(1)Director shall mean the Director of Insurance or his or her authorized representative;

(2)Policyholders shall mean all persons having a legal or equitable right against a depositing insurer or assessment association arising out of or by reason of depositing insurer's or association's policies and obligees under its surety contracts;

(3)State shall mean any state of the United States, the government of Puerto Rico, and the District of Columbia;

(4)Eligible securities shall mean the investments authorized under the Insurers Investment Act other than investments authorized under sections 44-5134 , 44-5143 to 44-5145 , 44-5149 , 44-5152 , and 44-5153 , and unless otherwise provided by law,

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For purposes of sections 44-319.01 to 44-319.13 , unless the context otherwise requires:
(1) Director shall mean the Director of Insurance or his or her authorized representative;
(2) Policyholders shall mean all persons having a legal or equitable right against a depositing insurer or assessment association arising out of or by reason of depositing insurer's or association's policies and obligees under its surety contracts;
(3) State shall mean any state of the United States, the government of Puerto Rico, and the District of Columbia;
(4) Eligible securities shall mean the investments authorized under the Insurers Investment Act other than investments authorized under sections 44-5134 , 44-5143 to 44-5145 , 44-5149 , 44-5152 , and 44-5153 , and unless otherwise provided by law, the values of such investments shall, for the purpose of sections 44-319.01 to 44-319.13 , be an amount not exceeding the current market values thereof; and
(5) Insurer shall mean stock and mutual insurance companies and reciprocal exchanges.

Legislative History

Source: Laws 1955, c. 174, § 1, p. 498; Laws 1961, c. 210, § 3, p. 627; Laws 1969, c. 359, § 13, p. 1273; Laws 1991, LB 237, § 58; Laws 1997, LB 273, § 1; Laws 1998, LB 1035, § 1. Cross References: Insurers Investment Act, see section 44-5101.