Nebraska § 44-6103 Terms, defined

Nebraska Statutes

§ 44-6103 — Terms, defined

Nebraska·Ch. 44 Insurance

For purposes of the Insurers Demutualization Act, the terms defined in section 44-103 shall have the same meanings as set forth in such section and:

(1)Final order shall mean the final written order of the director approving or disapproving the conversion of a mutual insurer to a stock insurer; and

(2)Policyholders shall mean the policyholders of the mutual insurer on the day the plan of conversion is initially approved by the board of directors of the mutual insurer.

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For purposes of the Insurers Demutualization Act, the terms defined in section 44-103 shall have the same meanings as set forth in such section and:
(1) Final order shall mean the final written order of the director approving or disapproving the conversion of a mutual insurer to a stock insurer; and
(2) Policyholders shall mean the policyholders of the mutual insurer on the day the plan of conversion is initially approved by the board of directors of the mutual insurer.

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