44-502.02. Policy loans; published monthly average, defined.

For purposes of sections 44-502.01 to 44-502.04, published monthly average shall mean a monthly bond yield average which is:

(1) Published by a national financial statistical organization;

(2) Recognized by the National Association of Insurance Commissioners;

(3) In current general use in the insurance industry; and

(4) Designated by the Director of Insurance.

Source:Laws 1981, LB 355, ยง 15.