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Neb. Rev. Stat. § 44-3522

Motor vehicle service contract; requirements

Laws 1990, LB 1136, § 94; Laws 2006, LB 875, § 5; Laws 2007, LB188, § 1.

No motor vehicle service contract shall be issued, sold, or offered for sale in this state unless: (1) The motor vehicle service contract provider is insured under a motor vehicle service contract reimbursement insurance policy issued by an insurer authorized to do business in this state; (2) True and correct copies of the motor vehicle service contract and the motor vehicle service contract reimbursement insurance policy have been filed with the director; and (3) The contract conspicuously states: (a) That the obligations of the motor vehicle service contract provider to the service contract holder are covered under the motor vehicle service contract reimbursement insurance policy; and (b) The name and address of the issuer of the motor vehicle service contract reimbursement insurance policy.

Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.