44-216. Mutual company; assessment association; articles of incorporation; contents.
62 words·~1 min read·
/ne/chapter-44/44-216A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The articles of incorporation of a mutual company or an assessment association may limit the insurance to specified kinds or classes of property, lives, individuals, or liabilities within any subdivision of section 44-201 or the territory within which insurance shall be granted and shall provide the manner in which policyholders of a mutual company shall participate in the profits of the company.