Nebraska Statutes 44-1617. Public employees; contributions; voluntary; commission to officer or employee prohibited
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Participation by employees in any plans requiring contributions from such employees shall be voluntary and no portion of any commission or other compensation paid by the corporation writing such coverage shall be received, directly or indirectly, by any officer or other person in the employment of the political subdivision, municipal corporation, public body, or agency, even though such person may be licensed by the Department of Insurance.
Terms Used In Nebraska Statutes 44-1617
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Department: shall mean the Department of Insurance. See Nebraska Statutes 44-103
- Person: shall include bodies politic and corporate, societies, communities, the public generally, individuals, partnerships, limited liability companies, joint-stock companies, and associations. See Nebraska Statutes 49-801