44-3522 Motor vehicle service contract; requirements. - Nebraska Statutes

44-3522. Motor vehicle service contract; requirements.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. SourceLaws 1990, LB 1136, § 94; Laws 2006, LB 875, § 5; Laws 2007, LB188, § 1.