Nebraska Statutes 44-10,100. Foreign or alien society; admission
No foreign or alien society shall transact business in this state without a license issued by the Director of Insurance. Any such society desiring admission to this state shall comply substantially with the requirements and limitations of sections 44-1072 to 44-10,109 applicable to domestic societies. Any such society may be licensed to transact business in this state upon filing with the director:
Terms Used In Nebraska Statutes 44-10,100
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Director: shall mean the Director of Insurance. See Nebraska Statutes 44-103
- Domestic: when applied to corporations shall mean all those created by authority of this state. See Nebraska Statutes 49-801
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Foreign: when applied to corporations shall include all those created by authority other than that of this state. See Nebraska Statutes 49-801
- State: when applied to different states of the United States shall be construed to extend to and include the District of Columbia and the several territories organized by Congress. See Nebraska Statutes 49-801
(1) A duly certified copy of its articles of incorporation;
(2) A copy of its bylaws, certified by its secretary or corresponding officer;
(3) A statement of its business under oath of its president and secretary or corresponding officers in a form prescribed by the director, duly verified by an examination made by the supervising insurance official of its home state or other state, territory, province, or country, satisfactory to the Director of Insurance of this state;
(4) Certification from the proper official of its home state, territory, province, or country that the society is legally incorporated and licensed to transact business therein;
(5) Copies of its certificate forms; and
(6) Such other information as the Director of Insurance may deem necessary.
The society shall also submit evidence to the director showing that its assets are invested in accordance with sections 44-1072 to 44-10,109.