Section 379.1520 – Sanctioning of license, when — penalties, when.
Effective – 01 Jan 2012 379.1520. Sanctioning of license, when — penalties, when. — 1. The director may suspend, revoke, or refuse to issue* any license or renew any license required by the provisions of sections 379.1500 to 379.1550 for any reason listed in section 375.141 or for any one or more of the following […]
Section 379.1525 – Vendor investigation and examination requirements.
Effective – 01 Jan 2012 379.1525. Vendor investigation and examination requirements. — Vendors shall be subject to the investigation and examination provisions of section 374.190. ——– (L. 2011 S.B. 132) Effective 1-01-12
Section 379.1530 – Premiums, received by insurer, when — proof of purchase, insurer may require.
Effective – 01 Jan 2012 379.1530. Premiums, received by insurer, when — proof of purchase, insurer may require. — Premiums received by a vendor or supervising business entity shall be deemed received by the insurer. Insurers may require consumers to provide proof of purchase. ——– (L. 2011 S.B. 132) Effective 1-01-12
Section 379.1535 – Violations, director’s authority.
Effective – 01 Jan 2012 379.1535. Violations, director’s authority. — If the director determines that a person has engaged, is engaging in, or has taken a substantial step toward engaging in an act, practice, or course of business constituting a violation of sections 379.1500 to 379.1550 or rule adopted or order issued thereunder, or that […]
Section 379.1540 – Supervising business entity, sanctioning of license, when.
Effective – 01 Jan 2012 379.1540. Supervising business entity, sanctioning of license, when. — The license of a supervising business entity may be suspended, revoked, renewal refused, or an application refused if the director finds that a violation by a portable electronics insurance vendor was known or should have been known by the supervising business […]
Section 379.1545 – Insurers, permissible acts.
Effective – 28 Aug 2018, 2 histories 379.1545. Insurers, permissible acts. — Notwithstanding any other provision of law: (1) An insurer may terminate or otherwise change the terms and conditions of a policy of portable electronics insurance only upon providing the policyholder and enrolled customers with at least thirty days’ notice; (2) If the insurer […]
Section 379.1412 – Premium tax required, amount, procedure.
Effective – 28 Aug 2009, 2 histories 379.1412. Premium tax required, amount, procedure. — 1. Each SPLRC shall pay to the director of revenue on or before May first of each year a premium tax at the rate of two hundred fourteen thousandths of one percent on the first twenty million dollars of assumed reinsurance […]
Section 379.1415 – Confidentiality of records, exceptions.
Effective – 28 Aug 2007 379.1415. Confidentiality of records, exceptions. — Information filed with the director is confidential and may not be disclosed without the prior written consent of the SPLRC, except: (1) Information is discoverable in civil litigation provided: (a) The SPLRC is found by the court to be a necessary party; (b) The […]
Section 379.1418 – Grounds for liquidation — granting of relief, management of assets.
Effective – 28 Aug 2007 379.1418. Grounds for liquidation — granting of relief, management of assets. — 1. The director may apply by petition to the circuit court for an order authorizing the director to conserve, rehabilitate or liquidate a SPLRC domiciled in this state on one or more of the following grounds: (1) There […]
Section 379.1421 – Rulemaking authority.
Effective – 28 Aug 2007 379.1421. Rulemaking authority. — The director may promulgate all rules and regulations necessary to effectuate the purposes of sections 379.1353 to 379.1421. No regulations promulgated under this authority shall affect SPLRC contracts or other transactions approved prior to the effective date of such rules. Any rule or portion of a […]