Nebraska Statutes 44-1607.02. Life insurance; employees, defined
Current as of: 2024 | Check for updates
|
Other versions
The term employees, as used in section 44-1607.01, may include the individual proprietors, partners, or members, if the employer is an individual proprietor, partnership, or limited liability company, and the directors of a corporate employer, if each individual proprietor, partner, member, or director devotes a substantial part of his or her time to the business of the proprietorship, partnership, limited liability company, or corporate employer.
Terms Used In Nebraska Statutes 44-1607.02
- Company: shall include any corporation, partnership, limited liability company, joint-stock company, joint venture, or association. See Nebraska Statutes 49-801
- Director: shall mean the Director of Insurance. See Nebraska Statutes 44-103
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.