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Code · Nebraska · Chapter 44 — Insurance

44-3316. Legal service insurance corporation; funds; investments.

62 words·~1 min read·/ne/chapter-44/44-3316

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A corporation organized under sections 44-3312 and 44-3313 shall invest its funds as provided by Chapter 44 and its investments shall be valued as provided by Chapter 44. The investments shall exceed its liabilities and reserves except for claim liability covered by contracting attorney guarantees and it shall be a continuing condition of licensing by the director that such solvency be maintained.
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