44-213.06. Employee benefit plans; decision of director; hearing; notice; appeal.

In the event the Director of Insurance disapproves any proposed or existing plan, modification thereof, or amendment thereto for providing benefits upon or after retirement, he or she shall, after a hearing thereon has been held and prior written notice of such hearing having been given to the company concerned, issue a written order specifying the reasons for disapproval. An appeal may be taken from the decision of the director, and the appeal shall be in accordance with the Administrative Procedure Act.

Source:Laws 1953, c. 146, § 7, p. 473; Laws 1957, c. 176, § 4, p. 609; Laws 1969, c. 359, § 8, p. 1271; Laws 1989, LB 6, § 2; Laws 1989, LB 92, § 60.

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