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Code · Nebraska · Chapter 44 — Insurance

44-3304. Legal expense insurance business; authorization by director; exceptions.

77 words·~1 min read·/ne/chapter-44/44-3304

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)No person may conduct a legal expense insurance business in this state unless authorized to do so by the director.
(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.
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