There shall be no liability on the part of and no cause of action of any nature shall arise against any member insurer or its directors, officers, agents, or employees, the association or its agents or employees, members of its board of directors, or the director or his or her representatives for any action taken by them in the performance of their powers and duties under the Nebraska Life and Health Insurance Guaranty Association Act.

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Terms Used In Nebraska Statutes 44-2717

  • Action: shall include any proceeding in any court of this state. See Nebraska Statutes 49-801
  • Director: shall mean the Director of Insurance. See Nebraska Statutes 44-103
  • Insurer: shall include all companies, exchanges, societies, or associations whether organized on the stock, mutual, assessment, or fraternal plan of insurance and reciprocal insurance exchanges. See Nebraska Statutes 44-103