Nebraska Statutes 44-9402. Purpose of act
Current as of: 2023 | Check for updates
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The purpose of the Insurance Regulatory Sandbox Act is to create a regulatory sandbox program under the Department of Insurance which allows a participant to temporarily test innovative insurance products or services on a limited basis without otherwise being licensed or authorized to act under the laws of the state.
Source
- Laws 2023, LB92, § 89.
- Operative Date: September 2, 2023
Terms Used In Nebraska Statutes 44-9402
- Department: shall mean the Department 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