Section 375.400 – Investigation by director — duty of prosecuting attorney.
Effective – 28 Aug 1939 375.400. Investigation by director — duty of prosecuting attorney. — 1. The director of the department of commerce and insurance shall, as often as he may deem proper, make careful inquiry and investigation as to the manner in which the money, funds or securities of insurance companies, doing business in […]
Section 375.410 – Penalty for violation.
Effective – 28 Aug 1939 375.410. Penalty for violation. — Any public official failing, neglecting or refusing to comply with any of the provisions of sections 375.390 and 375.400 shall be deemed guilty of a misdemeanor, and, upon conviction, shall be fined not less than five hundred dollars and forfeit his office. ——– (RSMo 1939 […]
Section 375.320 – Not to trade — exception.
Effective – 28 Aug 2007 375.320. Not to trade — exception. — 1. No insurance company formed under the laws of this state shall, directly or indirectly, deal or trade in any goods, wares, merchandise or other commodities whatsoever, except such as may be incident to and necessary in connection with the ownership and operation […]
Section 375.325 – Mechanical data processing equipment as assets.
Effective – 28 Aug 1967 375.325. Mechanical data processing equipment as assets. — Notwithstanding any prohibitions or restrictions contained in the statutes, any insurance company may acquire by purchase electronic or mechanical machines constituting a data processing system, and thereafter may hold the system as an admitted asset for use in connection with the business […]
Section 375.326 – Automobiles as assets.
Effective – 28 Aug 1979 375.326. Automobiles as assets. — 1. Notwithstanding any prohibitions or restrictions contained in the statutes or otherwise, any stock, mutual, or reciprocal insurance company doing the business of property and casualty business in this state may acquire by purchase motor vehicles and thereafter may hold them as admitted assets for […]
Section 375.330 – Purchase and ownership of real estate.
Effective – 28 Aug 2007 375.330. Purchase and ownership of real estate. — 1. No insurance company formed under the laws of this state shall be permitted to purchase, hold or convey real estate, excepting for the purpose and in the manner herein set forth, to wit: (1) Such as shall be necessary for its […]
Section 375.340 – Sale and exchange of real estate.
Effective – 28 Aug 2007 375.340. Sale and exchange of real estate. — 1. In all cases in which life insurance companies, benefit societies or other associations doing business in this state shall have legally acquired by foreclosure or in payment of a debt previously contracted any real estate or personal property situated in this […]
Section 375.296 – Additional damages for vexatious refusal to pay.
Effective – 28 Aug 1967 375.296. Additional damages for vexatious refusal to pay. — In any action, suit or other proceeding instituted against any insurance company, association or other insurer upon any contract of insurance issued or delivered in this state to a resident of this state, or to a corporation incorporated in or authorized […]
Section 375.298 – Loan against policy by policyholder, insurer to give notice of interest due.
Effective – 28 Aug 1998 375.298. Loan against policy by policyholder, insurer to give notice of interest due. — If a policyholder has taken a loan against an insurance policy, the insurer of such policy shall annually notify the policyholder of any interest due on the loan. ——– (L. 1998 H.B. 1374 § 1)
Section 375.301 – Exemptions from provisions of sections 375.256 to 375.301.
Effective – 28 Aug 1977 375.301. Exemptions from provisions of sections 375.256 to 375.301. — The provisions of sections 375.256 to 375.301 shall not apply to any action, suit or proceeding against any unauthorized insurer arising out of a contract of: (1) Reinsurance effectuated in accordance with the laws of Missouri; (2) Insurance effectuated in […]