Nebraska Statutes 44-3103. Terms, defined
As used in the Nebraska Professional Association Mutual Insurance Company Act, unless the context otherwise requires:
Terms Used In Nebraska Statutes 44-3103
- Company: shall include any corporation, partnership, limited liability company, joint-stock company, joint venture, or association. See Nebraska Statutes 49-801
- Company shall: include any corporation, partnership, limited liability company, joint-stock company, joint venture, or association. See Nebraska Statutes 49-801
- Director: shall mean the Director of Insurance. See Nebraska Statutes 44-103
- Domestic: when applied to corporations shall mean all those created by authority of this state. See Nebraska Statutes 49-801
- State: when applied to different states of the United States shall be construed to extend to and include the District of Columbia and the several territories organized by Congress. See Nebraska Statutes 49-801
(1) Professional association mutual insurance company shall mean any domestic insurance company licensed under the act for the purpose of making insurance as provided in sections 44-3104 and 44-3105. For the purposes of this subdivision, professional association shall mean any organization of individual professional practitioners who are required by this state to obtain a license or other legal authorization prior to performing a professional service, including, but not limited to, certified public accountants, public accountants, dentists, osteopathic physicians, physicians and surgeons, veterinarians, and attorneys at law;
(2) Director shall mean the Director of Insurance; and
(3) Member shall mean an individual belonging to an association as defined in subdivision (1) of this section and whose principal practice is located in this state.