This bill amends section 44-6122 of the Reissue Revised Statutes of Nebraska to enhance the requirements for electronic notice of annual meetings for mutual insurance holding companies. It introduces new provisions that mandate these companies to provide notice of their annual meetings to members either according to their bylaws or in a reasonable manner if the bylaws are silent. The bill specifies that electronic notice can be delivered through direct electronic transmission or publication on a designated website, with detailed conditions for each method to ensure effective communication.

Additionally, the bill outlines that the notice must include all legally required information, such as instructions for accessing meeting materials and participating in the meeting if electronic participation is allowed. It establishes that notice is effective upon sending or publication, and companies must demonstrate delivery through logs or receipts. Furthermore, members can request printed materials at no cost, and companies are permitted to include meeting notices within policy documents. The original section 44-6122 is repealed as part of this legislative update.

Statutes affected:
Introduced: 44-6122