Section 375.535 – Director to issue charges when he believes assumption of additional risks financially hazardous — hearing — cease and desist order, when.
Effective – 28 Aug 1967 375.535. Director to issue charges when he believes assumption of additional risks financially hazardous — hearing — cease and desist order, when. — Whenever the director has reason to believe that any insurance company licensed to do business in this state is, because of the nature and extent of the […]
Section 375.537 – Impaired insurer, defined — duty to notify director — penalties for failure to notify.
Effective – 01 Jan 2017, 2 histories 375.537. Impaired insurer, defined — duty to notify director — penalties for failure to notify. — 1. As used in this section, the following terms mean: (1) “Chief executive officer”, the person, irrespective of his title, designated by the board of directors or trustees of an insurer as […]
Section 375.539 – Hazardous operation, discontinuation determination, standards for — issuance of order by director, hearing procedure.
Effective – 28 Aug 2010 375.539. Hazardous operation, discontinuation determination, standards for — issuance of order by director, hearing procedure. — 1. The director of the department of commerce and insurance may deem an insurance company to be in such financial condition that its further transaction of business would be hazardous to policyholders, creditors, and […]
Section 375.570 – Manner of commencing proceedings — petition, contents.
Effective – 28 Aug 1992 375.570. Manner of commencing proceedings — petition, contents. — 1. Terms used in sections 375.570 to 375.750 shall mean as defined in section 375.1152. 2. A formal delinquency proceeding, or seizure as described in section 375.1164, shall be commenced by filing a verified petition in the name of the director, […]
Section 375.580 – Issuance, service and return of process.
Effective – 28 Aug 1992 375.580. Issuance, service and return of process. — 1. If any order as described in section 375.640 or 375.1155 to be issued preliminarily to the summary hearing provided by section 375.600 is prayed for: (1) The petition shall be first presented ex parte to the court, which may issue its […]
Section 375.600 – Pleadings and proceedings, general procedures — summary hearing, purpose — effect of nonattendance by defendant.
Effective – 28 Aug 1992 375.600. Pleadings and proceedings, general procedures — summary hearing, purpose — effect of nonattendance by defendant. — 1. The pleadings and proceedings, insofar as not otherwise regulated by sections 375.570 to 375.750, 375.950 to 375.990 and 375.1150 to 375.1246, shall be as in other civil causes. 2. At the time […]
Section 375.610 – Hearing by the court, procedures — no continuances or discovery, exceptions.
Effective – 28 Aug 1992 375.610. Hearing by the court, procedures — no continuances or discovery, exceptions. — 1. All pleadings shall be made up and filed at or before the day of the hearing, and the court shall, without the intervention of a jury, and without unnecessary delay, proceed to hear and determine such […]
Section 375.620 – Referee or master to hear and report — exceptions, filed by either party.
Effective – 28 Aug 1992 375.620. Referee or master to hear and report — exceptions, filed by either party. — 1. If the case is referred, the referee or master shall forthwith proceed to hear the same, and shall file his report within ten days after the conclusion of the testimony. 2. Any referee or […]
Section 375.630 – Examinations and statements, evidentiary effect — case to be decided, when — appeals — attorney fees, paid how.
Effective – 28 Aug 1992 375.630. Examinations and statements, evidentiary effect — case to be decided, when — appeals — attorney fees, paid how. — 1. In a hearing before the court, master or referee, certified copies of the statement made by the defendant, or of reports of examinations of the defendant made by the […]
Section 375.510 – Reinsurance — rights and liabilities — insolvency.
Effective – 28 Aug 1949 375.510. Reinsurance — rights and liabilities — insolvency. — 1. If any insolvent and dissolved company shall be reinsured under the provisions of law, the securities on deposit with the director at the date of the dissolution of the said company shall remain on deposit with him, as a fund […]