48-4464. District member's replenishment account; statements; credits
A. The district shall establish and maintain a replenishment account for each district member. After the district computes each member's replenishment obligation, the district shall adjust the existing balance in the member's replenishment account as follows:
1. Debit the member's replenishment account in the amount of the member's replenishment obligation as computed under section 48-4463.
2. Credit the member's replenishment account in an amount equal to any replenishment services pursuant to sections 48-4470, 48-4472 and 48-4501 that the member purchased during the reporting year.
B. On or before May 15 of each year, the district shall issue to each member:
1. An account statement of the balance in the member's account as of December 31 of the reporting year.
2. A credit certificate to each member that has a net credit balance in its account. The certificate shall state the net credit in the member's account.
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal insurance products you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with access to legal services through a network of provider law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our provider law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your provider law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal insurance products, and access to the LegalFix network of provider law firms are subject to the LegalFix Terms of Service and Privacy Policy.
