Nebraska Administrative Code
Topic - INSURANCE, DEPARTMENT OF
Title 210 - NEBRASKA DEPARTMENT OF INSURANCE
Chapter 47 - GROUP SELF-INSURANCE RULE IMPLEMENTING THE INTERGOVERNMENTAL RISK MANAGEMENT ACT
Section 210-47-014 - Termination of membership in the pool
Universal Citation: 210 NE Admin Rules and Regs ch 47 ยง 014
Current through September 17, 2024
014.01 Within 30 days after receiving notice of a member's voluntary termination of participation under Neb.Rev.Stat. § 44-4309(1), the pool's governing board shall submit a written report to the Department which:
014.01A discloses whether the
terminating member and remaining members of the pool have paid all
contributions and assessments due the pool, have discharged all other
obligations owed to the pool, and have complied with the laws of Nebraska, this
rule, and the by-laws of the pool; and
014.01B projects the effect on the pool due
to the member's withdrawal from the pool.
014.02 A member of the pool may be involuntarily terminated from the pool as provided in Neb. Rev. Stat. § 44-4309(2).
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