Nebraska Statutes 44-402.02. Life insurance; reserves; separate accounts; gains and losses
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The income, gains and losses, realized or unrealized, from assets allocated to a separate account shall be credited to or charged against such account, without regard to other income, gains or losses of such company.
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Terms Used In Nebraska Statutes 44-402.02
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Company: shall include any corporation, partnership, limited liability company, joint-stock company, joint venture, or association. See Nebraska Statutes 49-801