US Laws, Codes, Statutes & Cases

                                  TITLE  41
                                  INSURANCE
                                  CHAPTER 28
                    ORGANIZATION AND CORPORATE PROCEDURES
                         OF STOCK AND MUTUAL INSURERS
    41-2867.  RULES AND REGULATIONS. The director of the department of
insurance shall have the power to make such rules and regulations as may be
necessary for the execution of the functions invested in him by sections
41-2860--41-2862, and may for such purpose classify domestic stock insurance
companies, securities, and other persons or matters within his jurisdiction.
No provision of sections 41-2860--41-2862 imposing any liability shall apply
to any act done or omitted in good faith in conformity with any rule or
regulation of the director of the department of insurance, notwithstanding
that such rule or regulation may, after such act or omission, be amended or
rescinded or determined by judicial or other authority to be invalid for any
reason.