Section 379.585 – Company having special charter may accept general insurance laws.
Effective – 28 Aug 1939 379.585. Company having special charter may accept general insurance laws. — Any insurance company, other than life, incorporated and organized under the laws of this state, and now doing business in this state, may surrender its charter, and accept in lieu of said charter the provisions of the general insurance […]
Section 379.590 – Content of articles of association.
Effective – 28 Aug 1939 379.590. Content of articles of association. — When any such company desires to avail itself of the provisions of sections 379.585 to 379.625, the directors thereof shall draw up articles of association which shall set forth (1) The name of the company; (2) The place where the principal office for […]
Section 379.595 – Additional requirements of articles of association.
Effective – 28 Aug 1939 379.595. Additional requirements of articles of association. — 1. If such company be a stock company, then the articles of association shall set forth, in addition to the requirements of section 379.590, the amount of capital stock, the number of shares in which it shall have been divided, and the […]
Section 379.600 – Special meeting to be called — notice.
Effective – 28 Aug 1939 379.600. Special meeting to be called — notice. — After drafting the proposed articles of association, it shall be the duty of the directors of said company to call a special meeting, if a stock company, of its stockholders, if a mutual company, of its policyholders, or if a stock […]
Section 379.605 – Proposition to surrender to be voted on.
Effective – 28 Aug 1939 379.605. Proposition to surrender to be voted on. — 1. At the time and place designated, the proposition as to the surrender of the charter, adoption of the general insurance statutes in lieu thereof, reorganization thereunder, increase of stock, if necessary, and adoption of the proposed articles of association, as […]
Section 379.610 – Acknowledgment and declaration to be made.
Effective – 28 Aug 1939 379.610. Acknowledgment and declaration to be made. — 1. If the assent is obtained as provided in section 379.605, the directors of the company, or a majority of them, or any five stockholders, or if a mutual company, any five policyholders, may sign and acknowledge the articles of association adopted, […]
Section 379.615 – Duty of director.
Effective – 28 Aug 1939 379.615. Duty of director. — Said director, if satisfied that the proposed surrender of the existing charter and substitution therefor of the articles of association have been duly adopted, and that the said articles of association are in conformity with the general insurance statutes of this state, and that said […]
Section 379.620 – Acceptance by resolution of directors.
Effective – 28 Aug 1939 379.620. Acceptance by resolution of directors. — Upon receiving the certificate and authorization aforesaid, the board of directors shall, by resolution, accept the same, and shall file with the secretary of state a copy of said articles of association and of the certificate and authorization of said director, and the […]
Section 379.625 – Certificate to do business.
Effective – 28 Aug 1939 379.625. Certificate to do business. — 1. If, upon examination made by him, the said director of the department of commerce and insurance shall find that the company has been duly reorganized as provided by this chapter, and that its assets, capital, premium notes and investments are such as set […]
Section 379.575 – Who may appear — proceedings, how governed.
Effective – 28 Aug 1939 379.575. Who may appear — proceedings, how governed. — 1. Any person interested in such company as a stockholder, if it be a stock company, or as a policyholder if it be a mutual company, or as a stockholder or a policyholder in its mutual department, at the time originally […]