reglab/housing_qa huggingface dataset:
NE Code § 44-396 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-396 - Insurance companies or officers; actions against; witnesses; immunity.

44-396.  Insurance companies or officers; actions against; witnesses; immunity.No person shall be excused from testifying, or from producing any books, papers, contracts, agreements or documents at the trial or hearing of any person or company charged with violating any provisions of this chapter, on the ground that such testimony or evidence may tend to incriminate himself, but no person shall be prosecuted for any act concerning which he shall be compelled so as to testify or produce evidence, documentary or otherwise, except for perjury committed in so testifying.Source   Laws 1913, c. 154, § 152, p. 471;   R.S.1913, § 3289;   Laws 1919, c. 190, tit. V, art. XI, § 17, p. 653;   C.S.1922, § 7896;   C.S.1929, § 44-1117;   R.S.1943, § 44-396.
NE Code § 44-3,107 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-3,107 - Equity securities insider trading; statement of certain owners; form; required; filing.

44-3,107.  Equity securities insider trading; statement of certain owners; form; required; filing.Every domestic stock insurer shall file with the Director of Insurance, on such forms as the director may require, a separate statement for each person who is directly or indirectly the beneficial owner of more than ten percent of any class of any equity security of such insurer, and for each person who is a director or an officer of such insurer. The statement of the amount of all equity securities of such insurer, directly or indirectly owned by the individuals enumerated above, shall be filed with the director on or before January 1, 1970; within ten days after a person becomes an officer, director, or such beneficial owner; and within ten days after the close of each calendar month thereafter, if there has been a change in such ownership.Source   Laws 1965, c. 248, § 1, p. 702;   Laws 1969, c. 368, § 1, p. 1307.
NE Code § 44-3,107.01 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-3,107.01 - Equity securities insider trading; terms, defined.

44-3,107.01.  Equity securities insider trading; terms, defined.As used in sections 44-3,107 to 44-3,114, unless the context otherwise requires:(1) Person shall mean any individual, corporation, partnership, limited liability company, association, joint-stock company, business trust, unincorporated organization, or holding company whose primary purpose is owning or controlling insurance companies. A holding company shall be presumed to have as its primary purpose the owning or controlling of insurance companies if fifty-one percent or more of the assets of the holding company consist of the equity securities of one or more stock insurers, one of which is a domestic stock insurer; and(2) Officer shall mean president, vice president, treasurer, actuary, secretary, controller, or any other person who performs the company functions corresponding to those performed by any of the foregoing officers.Source   Laws 1969, c. 368, § 2, p. 1307;   Laws 1993, LB 121, § 223.
NE Code § 44-3,107.02 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-3,107.02 - Equity securities insider trading; holder or owner of stock; report; filing; violation; effect.

44-3,107.02.  Equity securities insider trading; holder or owner of stock; report; filing; violation; effect.Any person who is the beneficial owner of more than ten percent of the equity securities of any class of a domestic stock insurer and any officer or director of a domestic stock insurer who shall purchase or hold the stock of such insurer shall report such purchase or holding to such domestic stock insurer. Such report shall be filed with such insurer within five days after a person becomes an officer, director or such beneficial owner and not later than the close of the calendar month in which there has been a change in such ownership. Failure of any individual to report such ownership or purchase shall relieve the insurer of the duties prescribed in section 44-3,107 unless the insurer knows or should have known that the purchase was made by an officer, director, or beneficial owner of more than ten percent of the equity securities of the insurer.Source  Laws 1969, c. 368, § 3, p. 1308.
NE Code § 44-3,107.03 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-3,107.03 - Equity securities insider trading; owner; reports; filing.

44-3,107.03.  Equity securities insider trading; owner; reports; filing.A person, instead of the insurer, shall file the reports required by section 44-3,107 if:(1) He fails to make the reports required by section 44-3,107.02; or(2) His indirect beneficial ownership in the equity securities of a domestic stock insurer through a holding company, together with the amount of such equity securities of which he is otherwise directly or indirectly the beneficial owner, aggregate more than ten percent of the outstanding equity securities of a domestic stock insurer.Source  Laws 1969, c. 368, § 4, p. 1308.
NE Code § 44-3,107.04 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-3,107.04 - Equity securities insider trading; failure to file report; penalty.

44-3,107.04.  Equity securities insider trading; failure to file report; penalty.Any domestic insurer which fails to comply with section 44-3,107 and any person who fails to comply with section 44-3,107.03 shall forfeit to the State of Nebraska the sum of one hundred dollars for each and every day such failure to comply shall continue. Such forfeiture, which shall be in lieu of any criminal penalty for such failure to comply which might be deemed to arise under sections 44-3,107 to 44-3,107.04 and 44-3,111 to 44-3,114, shall be payable into the treasury of the State of Nebraska and shall be recoverable in a civil suit in the name of the State of Nebraska.Source  Laws 1969, c. 368, § 5, p. 1308.
NE Code § 44-3,108 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-3,108 - Equity securities insider trading; unfair transactions; action for damages; limitation.

44-3,108.  Equity securities insider trading; unfair transactions; action for damages; limitation.For the purpose of preventing the unfair use of information which may have been obtained by such beneficial owner, director or officer by reason of his relationship to such company, any profit realized by him from any purchase and sale, or any sale and purchase, of any equity security of such company within any period of less than six months, unless such security was acquired in good faith in connection with a debt previously contracted, shall inure to and be recoverable by the company, irrespective of any intention on the part of such beneficial owner, director or officer in entering into such transaction of holding the security purchased or of not repurchasing the security sold for a period exceeding six months. Suit to recover such profit may be instituted at law or in equity in any court of competent jurisdiction by the company, or by the owner of any security of the company in the name and in behalf of the company if the company shall fail or refuse to bring such suit within sixty days after request or shall fail diligently to prosecute the same thereafter; but no such suit shall be brought more than two years after the date such profit was realized. This section shall not be construed to cover any transaction where such beneficial owner was not such both at the time of the purchase and sale, or the sale and purchase, of the security involved, or any transaction or transactions which the Director of Insurance by rules and regulations may exempt as not comprehended within the purpose of this section.Source   Laws 1965, c. 248, § 2, p. 703;   Laws 1972, LB 1059, § 3.
NE Code § 44-3,109 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-3,109 - Equity securities insider trading; unlawful acts.

44-3,109.  Equity securities insider trading; unlawful acts.It shall be unlawful for any such beneficial owner, director or officer, directly or indirectly, to sell any equity security of such company if the person selling the security or his principal (1) does not own the security sold, or (2) if owning the security, does not deliver it against such sale within twenty days thereafter, or does not within five days after such sale deposit it in the mails or other usual channels of transportation; but no person shall be deemed to have violated this section if he proves that notwithstanding the exercise of good faith he was unable to make such delivery or deposit within such time, or that to do so would cause undue inconvenience or expense.Source  Laws 1965, c. 248, § 3, p. 703.
NE Code § 44-3,110 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-3,110 - Equity securities insider trading; exemptions.

44-3,110.  Equity securities insider trading; exemptions.The provisions of section 44-3,108 shall not apply to any purchase and sale, or sale and purchase, and the provisions of section 44-3,109 shall not apply to any sale, of an equity security of a domestic stock insurance company not then or theretofore held by him in an investment account, by a dealer in the ordinary course of his business and incident to the establishment or maintenance by him of a primary or secondary market, otherwise than on an exchange as defined in the Securities Exchange Act of 1934, for such security. The Director of Insurance may, by such rules and regulations as he deems necessary or appropriate in the public interest, define and prescribe terms and conditions with respect to securities held in an investment account and transactions made in the ordinary course of business and incident to the establishment or maintenance of a primary or secondary market.Source  Laws 1965, c. 248, § 4, p. 704.
NE Code § 44-3,111 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-3,111 - Equity securities insider trading; arbitrage transactions; exceptions.

44-3,111.  Equity securities insider trading; arbitrage transactions; exceptions.The provisions of sections 44-3,107 to 44-3,109 shall not apply to foreign or domestic arbitrage transactions unless made in contravention of such rules and regulations as the Director of Insurance may adopt and promulgate in order to carry out the purposes of sections 44-3,107 to 44-3,114.Source   Laws 1965, c. 248, § 5, p. 704;   Laws 1969, c. 368, § 6, p. 1309;   Laws 1989, LB 92, § 109.
NE Code § 44-3,112 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-3,112 - Equity security, defined.

44-3,112.  Equity security, defined.Equity security when used in sections 44-3,107 to 44-3,114 shall mean (1) any stock or similar security, (2) any security convertible, with or without consideration, into such a security or carrying any warrant or right to subscribe to or purchase such a security, (3) any such warrant or right, or (4) any other security which the Director of Insurance deems to be of similar nature and considers necessary or appropriate, by such rules and regulations as he or she may adopt and promulgate in the public interest or for the protection of investors, to treat as an equity security.Source   Laws 1965, c. 248, § 6, p. 704;   Laws 1969, c. 368, § 7, p. 1309;   Laws 1989, LB 92, § 110.
NE Code § 44-3,113 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-3,113 - Equity securities insider trading; applicability of sections.

44-3,113.  Equity securities insider trading; applicability of sections.The provisions of sections 44-3,107 to 44-3,109 shall not apply to equity securities of a domestic stock insurance company if such securities shall be registered, or shall be required to be registered, pursuant to section 12 of the Securities Exchange Act of 1934, as amended, and a copy of such registration has been filed with the director, if so requested.Source   Laws 1965, c. 248, § 7, p. 705;   Laws 1969, c. 368, § 8, p. 1309.
NE Code § 44-3,114 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-3,114 - Equity securities insider trading; rules and regulations.

44-3,114.  Equity securities insider trading; rules and regulations.The Director of Insurance shall have the power to adopt and promulgate such rules and regulations as may be necessary for the execution of the functions vested in him or her by the provisions of sections 44-3,107 to 44-3,113 and may for such purpose classify domestic stock insurance companies, securities, and other persons or matters within his or her jurisdiction. No provision of sections 44-3,107 to 44-3,109 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 Insurance, notwithstanding that such rule or regulation may, after such act or omission, be amended, rescinded, or determined by judicial or other authority to be invalid for any reason.Source   Laws 1965, c. 248, § 8, p. 705;   Laws 1969, c. 368, § 9, p. 1309;   Laws 1989, LB 92, § 111.
NE Code § 44-3,115 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-3,115 - Shareholders information; applicability of sections; insurer, file documents with director.

44-3,115.  Shareholders information; applicability of sections; insurer, file documents with director.Sections 44-3,115 to 44-3,118 shall apply to all domestic stock insurers having one hundred or more shareholders, except that such sections shall not apply to any insurer if ninety-five percent or more of its stock is owned or controlled by a parent or an affiliated insurer and the remaining shares are held by less than five hundred shareholders. A domestic stock insurer which files with the Securities and Exchange Commission forms of proxies, consents, and authorizations complying with the requirements of the Securities Exchange Act of 1934, the Securities Exchange Act amendments of 1964, and the rules and regulations of the Securities and Exchange Commission promulgated thereunder shall file copies of all such documents with the Director of Insurance on the same date such documents are filed with the Securities and Exchange Commission.Source   Laws 1965, c. 249, § 1, p. 706;   Laws 1969, c. 369, § 1, p. 1310;   Laws 1989, LB 92, § 112.
NE Code § 44-3,116 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-3,116 - Shareholders information; file documents with director.

44-3,116.  Shareholders information; file documents with director.To insure that shareholders are provided with adequate information and to prevent fraud, deception, or dissemination of misleading information, a copy of every form of proxy, consent, or authorization for use at any meeting of shareholders and a copy of every solicitation, announcement, or other communication to shareholders under circumstances reasonably calculated to result in the procurement, withholding, or revocation of a proxy, consent, or authorization shall be filed with the director by the person intending to use, issue, publish, or circulate such document.Source   Laws 1965, c. 249, § 2, p. 706;   Laws 1969, c. 369, § 2, p. 1311;   Laws 1989, LB 92, § 113.
NE Code § 44-3,116.01 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-3,116.01 - Shareholders information; director; disapproval; effect.

44-3,116.01.  Shareholders information; director; disapproval; effect.The documents required to be filed with the Director of Insurance by sections 44-3,116 and 44-3,117 shall not be used, issued, published or circulated before a period of ten days following the date of such filing, or any such shorter period as may be authorized by the director, has elapsed. Within such ten-day or shorter period, the director may disapprove of any document filed with him, stating his reasons therefor in writing, in which case such documents shall not be used, issued, published, or circulated.Source  Laws 1969, c. 369, § 3, p. 1311.
NE Code § 44-3,116.02 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-3,116.02 - Shareholders information; failure to file; disapproved; effect; penalty.

44-3,116.02.  Shareholders information; failure to file; disapproved; effect; penalty.Any domestic stock insurer or any person who uses any proxy, consent or authorization obtained in violation of sections 44-3,115 to 44-3,118, or who fails to make the filing required by sections 44-3,115 to 44-3,118 and who thereafter uses any document required to be filed, or who uses any document before it has been filed with the director for the required period of time, or who uses any such document after receiving written notice that the document has been disapproved by the Director of Insurance, or who uses any document which is false or misleading with respect to any material fact or omits to state any material fact shall forfeit to the State of Nebraska the sum of one thousand dollars. Such forfeiture, which shall be in lieu of any criminal penalties for such act or failure to act which might be deemed to arise under the provisions of sections 44-3,115 to 44-3,118, shall be payable to the State Treasurer and shall be recoverable in a civil suit in the name of the State of Nebraska.Source  Laws 1969, c. 369, § 4, p. 1311.
NE Code § 44-3,117 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-3,117 - Shareholders information; filing requirements.

44-3,117.  Shareholders information; filing requirements.Unless proxies, consents, or authorizations in respect of a stock of a domestic insurer subject to the provisions of section 44-3,115 are solicited by or on behalf of the management of such insurer from the holders of record of stock of such insurer in accordance with the rules and regulations adopted and promulgated by the Director of Insurance pursuant to sections 44-3,115 to 44-3,118 prior to any annual or other meeting, such insurer shall, in accordance with such rules and regulations, file with the director and transmit to all shareholders of record information substantially equivalent to the information which would be required to be transmitted if such a solicitation were made.Source   Laws 1965, c. 249, § 3, p. 707;   Laws 1969, c. 369, § 5, p. 1312;   Laws 1989, LB 92, § 114.
NE Code § 44-3,118 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-3,118 - Shareholders information; rules and regulations.

44-3,118.  Shareholders information; rules and regulations.In accordance with the provisions of sections 44-3,115 to 44-3,118, the Director of Insurance shall adopt and promulgate such rules and regulations as are reasonable, necessary, or appropriate in the public interest or for the protection of investors (1) to define the provisions and applicability of sections 44-3,115 to 44-3,118, (2) to require that information including proxy statements be transmitted to shareholders and to prescribe the kind, content, and form of such information and the circumstances, time, and manner in which such information shall be transmitted, (3) to prescribe the content, form, and requirements of proxies, consents, and authorizations and the circumstances, time, and manner in which such proxies, consents, and authorizations may be solicited, and (4) to require that information, including forms of proxy statements, proxies, consents, and authorizations, be filed with the director and to prescribe the kind, content, and form of such information and the circumstances, time, and manner in which such information shall be filed.Source   Laws 1965, c. 249, § 4, p. 707;   Laws 1969, c. 369, § 6, p. 1312;   Laws 1989, LB 92, § 115.
NE Code § 44-3,119 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-3,119 - Borrowing or rental of securities; insurance company; member, officer, director, attorney in fact; unlawful.

44-3,119.  Borrowing or rental of securities; insurance company; member, officer, director, attorney in fact; unlawful.Any member, officer, director, or attorney in fact of any company or association licensed to do an insurance business in this state, who on behalf of such company or association borrows, rents, hires, leases, or otherwise engages the use of stocks, bonds, debentures, notes, investment certificates, securities, or other obligations or evidences of indebtedness owned or issued by any other corporation, company, association, or individual, or of any government political subdivision or agency thereof, with intent to injure or defraud any other company, body politic or corporation, or person, or to deceive the Director of Insurance or any other person legally authorized to examine the affairs of any such company or association shall be guilty of a felony.Source  Laws 1969, c. 352, § 1, p. 1231.
NE Code § 44-3,120 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-3,120 - Borrowing or rental of securities; aiding and abetting; unlawful.

44-3,120.  Borrowing or rental of securities; aiding and abetting; unlawful.Any corporation organized under any laws of this state, or the laws of any other state, or which has an office or is transacting business in this state, which is engaged in, organizing or receiving subscriptions for or disposing of stocks of, or in any manner aiding or taking part in the formation or in the business of an insurance company or association, either as agent or otherwise, or which is holding capital stock of one or more insurance companies for the purpose of controlling the management thereof as voting trustees or otherwise, or any employee, agent, or attorney thereof, who aids and abets such insurance company or association in borrowing, renting, hiring, leasing, or engaging the use of such stocks, bonds, debentures, notes, investment certificates, securities, or other obligations or evidences of indebtedness, shall be guilty of a felony.Source  Laws 1969, c. 352, § 2, p. 1232.
NE Code § 44-3,121 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-3,121 - Violations; penalty.

44-3,121.  Violations; penalty.Any person convicted for violation of section 44-3,119 or 44-3,120 shall be guilty of a Class IV felony.Source   Laws 1969, c. 352, § 3, p. 1232;   Laws 1977, LB 40, § 240.
NE Code § 44-3,122 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-3,122 - Violations by corporation; penalty.

44-3,122.  Violations by corporation; penalty.Any corporation convicted for violation of section 44-3,120 shall be punished by a fine of not more than ten thousand dollars.Source  Laws 1969, c. 352, § 4, p. 1232.
NE Code § 44-3,123 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-3,123 - Possession of borrowed or rented securities; proceedings authorized.

44-3,123.  Possession of borrowed or rented securities; proceedings authorized.If any insurance company or association is found in possession of stocks, bonds, debentures, notes, investment certificates, securities, or other obligations or evidences of indebtedness acquired in violation of section 44-3,119 or if any of its officers, directors, members, or attorneys in fact have been convicted under section 44-3,119, such company or association may be subject to suspension of its certificate of authority by the Director of Insurance. Nothing in this section shall be construed to prevent the Director of Insurance from proceeding against such insurance company or association in the manner authorized and directed by the Nebraska Insurers Supervision, Rehabilitation, and Liquidation Act.Source   Laws 1969, c. 352, § 5, p. 1232;   Laws 1989, LB 319, § 68.  Cross References  Nebraska Insurers Supervision, Rehabilitation, and Liquidation Act, see section 44-4862.
NE Code § 44-3,127 (2021)
2021 Nebraska Revised Statutes|Chapter 44 - Insurance|44-3,127 - Fine or penalty; collected by department; distribution.

44-3,127.  Fine or penalty; collected by department; distribution.The Department of Insurance shall remit all money collected as a fine or penalty to the State Treasurer for distribution in accordance with Article VII, section 5, of the Constitution of Nebraska.Source   Laws 1979, LB 196, § 2;  Laws 2021, LB21, § 2.   Effective Date: August 28, 2021