44-8006. Prompt payment act compliance statement; filing; effect; list available.
80 words·~1 min read·
/ne/chapter-44/44-8006A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
An insurer shall be exempt from the requirements of section 44-8005 during a calendar year when the insurer has a prompt payment act compliance statement on file with the director. Any insurer desiring to obtain the exemption shall file a prompt payment act compliance statement with the director not later than December 1 of the year prior to the exemption year. A list of insurers with prompt payment act compliance statements on file shall be publicly available from the director.