Nebraska § 44-326 Domestic company; disbursements; how made

Nebraska Statutes

§ 44-326 — Domestic company; disbursements; how made

Nebraska § 44-326

Ch. 44Insurance

This text of Nebraska § 44-326 (Domestic company; disbursements; how made) 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. § 44-326 (2026).

Text

No domestic company shall make any disbursement of one hundred dollars or more other than policy proceeds or benefits unless the disbursement is evidenced by an invoice, a statement of account, or a voucher issued by or on behalf of the person, firm, or corporation receiving the money and correctly describing the consideration for the disbursement. If the invoice, statement of account, or voucher is unavailable, the disbursement shall be evidenced by an affidavit of some officer of the company identifying the disbursement and the consideration for the disbursement and stating the reason the invoice, statement of account, or voucher is unavailable.

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No domestic company shall make any disbursement of one hundred dollars or more other than policy proceeds or benefits unless the disbursement is evidenced by an invoice, a statement of account, or a voucher issued by or on behalf of the person, firm, or corporation receiving the money and correctly describing the consideration for the disbursement. If the invoice, statement of account, or voucher is unavailable, the disbursement shall be evidenced by an affidavit of some officer of the company identifying the disbursement and the consideration for the disbursement and stating the reason the invoice, statement of account, or voucher is unavailable.

Legislative History

Source: Laws 1913, c. 154, § 47, p. 418; R.S.1913, § 3183; Laws 1919, c. 190, tit. V, art. IV, § 18, p. 597; C.S.1922, § 7783; C.S.1929, § 44-318; R.S.1943, § 44-326; Laws 1989, LB 92, § 99.