44-319.01 Domestic companies; securities; terms, defined. - Nebraska Statutes

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44-319.01. Domestic companies; securities; terms, defined.For purposes of sections 44-319.01 to 44-319.13, unless the context otherwise requires:(1) Director shall mean the Director of Insurance or his or her authorized representative;(2) Policyholders shall mean all persons having a legal or equitable right against a depositing insurer or assessment association arising out of or by reason of depositing insurer's or association's policies and obligees under its surety contracts;(3) State shall mean any state of the United States, the government of Puerto Rico, and the District of Columbia;(4) Eligible securities shall mean the investments authorized under the Insurers Investment Act other than investments authorized under sections 44-5134, 44-5143 to 44-5145, 44-5149, 44-5152, and 44-5153, and unless otherwise provided by law, the values of such investments shall, for the purpose of sections 44-319.01 to 44-319.13, be an amount not exceeding the current market values thereof; and(5) Insurer shall mean stock and mutual insurance companies and reciprocal exchanges. SourceLaws 1955, c. 174, § 1, p. 498; Laws 1961, c. 210, § 3, p. 627; Laws 1969, c. 359, § 13, p. 1273; Laws 1991, LB 237, § 58; Laws 1997, LB 273, § 1; Laws 1998, LB 1035, § 1. Cross ReferencesInsurers Investment Act, see section 44-5101.

State Codes and Statutes

Statutes > Nebraska > Chapter44 > 44-319_01

44-319.01. Domestic companies; securities; terms, defined.For purposes of sections 44-319.01 to 44-319.13, unless the context otherwise requires:(1) Director shall mean the Director of Insurance or his or her authorized representative;(2) Policyholders shall mean all persons having a legal or equitable right against a depositing insurer or assessment association arising out of or by reason of depositing insurer's or association's policies and obligees under its surety contracts;(3) State shall mean any state of the United States, the government of Puerto Rico, and the District of Columbia;(4) Eligible securities shall mean the investments authorized under the Insurers Investment Act other than investments authorized under sections 44-5134, 44-5143 to 44-5145, 44-5149, 44-5152, and 44-5153, and unless otherwise provided by law, the values of such investments shall, for the purpose of sections 44-319.01 to 44-319.13, be an amount not exceeding the current market values thereof; and(5) Insurer shall mean stock and mutual insurance companies and reciprocal exchanges. SourceLaws 1955, c. 174, § 1, p. 498; Laws 1961, c. 210, § 3, p. 627; Laws 1969, c. 359, § 13, p. 1273; Laws 1991, LB 237, § 58; Laws 1997, LB 273, § 1; Laws 1998, LB 1035, § 1. Cross ReferencesInsurers Investment Act, see section 44-5101.

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State Codes and Statutes

Statutes > Nebraska > Chapter44 > 44-319_01

44-319.01. Domestic companies; securities; terms, defined.For purposes of sections 44-319.01 to 44-319.13, unless the context otherwise requires:(1) Director shall mean the Director of Insurance or his or her authorized representative;(2) Policyholders shall mean all persons having a legal or equitable right against a depositing insurer or assessment association arising out of or by reason of depositing insurer's or association's policies and obligees under its surety contracts;(3) State shall mean any state of the United States, the government of Puerto Rico, and the District of Columbia;(4) Eligible securities shall mean the investments authorized under the Insurers Investment Act other than investments authorized under sections 44-5134, 44-5143 to 44-5145, 44-5149, 44-5152, and 44-5153, and unless otherwise provided by law, the values of such investments shall, for the purpose of sections 44-319.01 to 44-319.13, be an amount not exceeding the current market values thereof; and(5) Insurer shall mean stock and mutual insurance companies and reciprocal exchanges. SourceLaws 1955, c. 174, § 1, p. 498; Laws 1961, c. 210, § 3, p. 627; Laws 1969, c. 359, § 13, p. 1273; Laws 1991, LB 237, § 58; Laws 1997, LB 273, § 1; Laws 1998, LB 1035, § 1. Cross ReferencesInsurers Investment Act, see section 44-5101.