Nebraska Statutes 44-3304. Legal expense insurance business; authorization by director; exceptions
Current as of: 2023 | Check for updates
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(1) No person may conduct a legal expense insurance business in this state unless authorized to do so by the director.
Terms Used In Nebraska Statutes 44-3304
- Director: shall mean the Director of Insurance. See Nebraska Statutes 44-103
- 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
(2) Subsection (1) of this section shall not apply to any person issuing group, blanket, or franchise policies if fewer than twenty-five percent of the certificate holders or insureds reside in this state and the person is regulated to a comparable extent by another state in which a larger number of certificate holders or insureds reside.