Nebraska Statutes 44-4410. Prohibited acts
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A risk retention group shall not:
Terms Used In Nebraska Statutes 44-4410
- Person: shall include bodies politic and corporate, societies, communities, the public generally, individuals, partnerships, limited liability companies, joint-stock companies, and associations. See Nebraska Statutes 49-801
(1) Solicit or sell insurance to any person who is not eligible for membership in such group; or
(2) Solicit or sell insurance or operate in a hazardous financial condition or financially impaired condition.