Nebraska Attorney General Reports August 29, 1980 (Opinion No. (1980))

REQUESTED BY: Walter D. Weaver, Director of Insurance, Lincoln, Nebraska. 1. Does the Property and Liability Insurance Guaranty Association have authority to borrow money for the purpose of immediately paying claims arising under an insolvent insurance company? 2. Neb.Rev.Stat. § 44-2407 (Reissue 1978) contemplates a maximum assessment of one percent of the net direct written premiums.