2006 Nebraska Revised Statutes - § 44-116 — Examination; expenses collected; Department of Insurance Cash Fund; created; use; investment.

Section 44-116
Examination; expenses collected; Department of Insurance Cash Fund; created; use; investment.

All money collected by the Department of Insurance for examination of the affairs of domestic, foreign, or alien insurance companies and insurers as defined in and pursuant to the Insurers Examination Act or any other provision of Chapter 44 or for valuing the reserve liabilities of life insurance companies shall be remitted by the department to the State Treasurer for credit to the Department of Insurance Cash Fund, which fund is hereby created. Money in the Department of Insurance Cash Fund may be used for transfers to the General Fund at the direction of the Legislature. Any money in the Department of Insurance Cash Fund available for investment shall be invested by the state investment officer pursuant to the Nebraska Capital Expansion Act and the Nebraska State Funds Investment Act.

Source:

Laws 1913, c. 154, § 21, p. 406

R.S.1913, § 3157

Laws 1919, c. 190, tit. V, art. III, § 14, p. 584

Laws 1921, c. 24, § 2, p. 150

C.S.1922, § 7758

Laws 1923, c. 189, § 1, p. 433

C.S.1929, § 44-214

R.S.1943, § 44-116

Laws 1955, c. 169, § 1, p. 484

Laws 1965, c. 251, § 1, p. 709

Laws 1969, c. 584, § 43, p. 2370

Laws 1983, LB 469, § 2

Laws 1989, LB 92, § 11

Laws 1991, LB 233, § 43

Laws 1993, LB 583, § 11

Laws 1994, LB 1066, § 30

Cross References:

Insurers Examination Act,see section 44-5901.

Nebraska Capital Expansion Act,see section 72-1269.

Nebraska State Funds Investment Act,see section 72-1260.

~Reissue Revised Statutes of Nebraska