Nebraska Statutes 44-218. Mutual company; limitation of liability
Current as of: 2023 | Check for updates
|
Other versions
The liability of a member of a mutual company shall be limited to the premiums stated in the policy.
Source
- Laws 1913, c. 154, § 79, p. 428;
- R.S.1913, § 3216;
- Laws 1919, c. 190, tit. V, art. V, § 2, p. 608;
- C.S.1922, § 7815;
- Laws 1925, c. 124, § 2, p. 328;
- C.S.1929, § 44-402;
- Laws 1931, c. 89, § 1, p. 251;
- C.S.Supp.,1941, § 44-402;
- R.S.1943, § 44-218;
- Laws 1957, c. 189, § 1, p. 662;
- Laws 1989, LB 92, § 64.
Terms Used In Nebraska Statutes 44-218
- Mutual company: shall mean a company without capital stock that charges a fixed premium and is required to maintain the same reserve as a stock company. See Nebraska Statutes 44-103