It shall be unlawful for any company or agent thereof to hypothecate, sell or dispose of a promissory note, received in payment for any part of a premium on a policy of insurance applied for under the provisions of this chapter, prior to the delivery of the policy to the applicant.
Neb. Rev. Stat. § 44-369
Premium notes; sale or pledge before delivery of policy; prohibited
Laws 1913, c. 154, § 154, p. 471; R.S.1913, § 3291; Laws 1919, c. 190, tit
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.