Nebraska § 44-810 Claims; payment; power to borrow

Nebraska Statutes

§ 44-810 — Claims; payment; power to borrow

Nebraska § 44-810

Ch. 44Insurance

This text of Nebraska § 44-810 (Claims; payment; power to borrow) 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. § 44-810 (2026).

Text

Whenever the cash on hand, not including the contingency fund, shall be insufficient to pay all claims, then such deficiency may be taken from the contingency fund. If this fund is insufficient to meet all claims, then the company may borrow money for such purposes. Any diminution of the contingency fund shall be a liability to be provided for by the next assessment.

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Legislative History

Source: Laws 1913, c. 154, § 132, p. 464; R.S.1913, § 3269; Laws 1919, c. 190, tit. V, art. X, § 9, p. 645; C.S.1922, § 7868; C.S.1929, § 44-909; R.S.1943, § 44-810.