Neb. Rev. Stat. §§ 44-4315

Current with changes through the 2024 First Special Legislative Session
Section 44-4315 - Risk management pool; applicability of insurance laws

Notwithstanding any other provision of law to the contrary, (1) any risk management pool organized pursuant to the Intergovernmental Risk Management Act shall not be considered an insurance company or insurer under the laws of this state, (2) any agreement forming a risk management pool or providing group self-insurance coverages to its members shall not constitute insurance or the conduct of an insurance business, and (3) no risk management pool organized pursuant to the Intergovernmental Risk Management Act shall be a member of the Nebraska Life and Health Insurance Guaranty Association or the Nebraska Property and Liability Insurance Guaranty Association.

Neb. Rev. Stat. §§ 44-4315

Laws 1987, LB 398, § 15; Laws 2001, LB 664, § 5.