Nebraska Statutes 44-2854. Director; contract for administrative duties and responsibilities; supervisory authority
Current as of: 2024 | Check for updates
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The Director of Insurance may contract with an insurance company licensed to do business in the State of Nebraska to perform any administrative duties and responsibilities of the Department of Insurance pursuant to sections 44-2801 to 44-2855, with the Director of Insurance retaining supervisory authority over such insurance company.
Terms Used In Nebraska Statutes 44-2854
- Authority: shall mean the Residual Malpractice Insurance Authority established pursuant to section Nebraska Statutes 44-2815
- Company: shall include any corporation, partnership, limited liability company, joint-stock company, joint venture, or association. See Nebraska Statutes 49-801
- Contract: A legal written agreement that becomes binding when signed.
- Department: shall mean the Department of Insurance. See Nebraska Statutes 44-103
- Director: shall mean the Director of Insurance. See Nebraska Statutes 44-2807
- 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