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Code · Nebraska · Chapter 44 — Insurance

44-805. Membership; withdrawal.

77 words·~1 min read·/ne/chapter-44/44-805

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

Any member may withdraw by surrendering his or her policy for cancellation at any time by giving notice in writing to the secretary of the association and paying the amount of his or her share of all claims then existing against the company in accordance with the bylaws of the company.
Under facts herein, insurance company was not an assessment association. Western Life & Accident Co. v. State Ins. Board, 101 Neb. 152, 162 N.W. 530 (1917).
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