Section 385.424 – Prohibited use of names and terms.
Effective – 01 Jan 2009 385.424. Prohibited use of names and terms. — 1. Unless licensed as an insurance company, a vehicle protection product warrantor shall not use in its name, contracts, or literature the words “insurance”, “casualty”, “surety”, “mutual”, or any other word that is descriptive of the insurance, casualty, or surety business or […]
Section 385.427 – Record-keeping requirements.
Effective – 01 Jan 2009 385.427. Record-keeping requirements. — 1. All vehicle protection product warrantors shall keep accurate accounts, books, and records concerning transactions regulated under sections 385.400 to 385.436. 2. A vehicle protection product warrantor’s accounts, books, and records shall include: (1) Copies of all vehicle protection product warranties; (2) The name and address […]
Section 385.430 – Enforcement authority — administrative orders permitted.
Effective – 01 Jan 2009 385.430. Enforcement authority — administrative orders permitted. — 1. The director may conduct examinations of warrantors, administrators, or other persons to enforce sections 385.400 to 385.436 and protect warranty holders in this state. Upon request of the director, a warrantor shall make available to the director all accounts, books, and […]
Section 385.321 – Effective date for certain sections.
Effective – 28 Aug 2007 385.321. Effective date for certain sections. — The repeal of sections 407.1200, 407.1203, 407.1206, 407.1209, 407.1212, 407.1215, 407.1218, 407.1221, 407.1224, 407.1225, and 407.1227 and the enactment of sections 385.200, 385.201*, 385.203*, 385.204, 385.205**, 385.207**, 385.208, 385.209**, 385.210, 385.211**, 385.212, 385.300, 385.301*, 385.302, 385.303*, 385.304, 385.305*, 385.306, 385.307*, 385.310, 385.311*, and […]
Section 385.400 – Citation of law.
Effective – 01 Jan 2009 385.400. Citation of law. — Sections 385.400 to 385.436 shall be known and may be cited as the “Missouri Vehicle Protection Product Act”. ——– (L. 2008 S.B. 930 & 947) Effective 1-01-09
Section 385.306 – Contract requirements, contents.
Effective – 14 Oct 2016, 2 histories *385.306. Contract requirements, contents. — 1. Service contracts marketed, issued, sold, or offered for sale in this state shall be written in clear, conspicuous, and understandable language, and the entire contract shall be printed or typed in easy-to-read type and conspicuously disclose the requirements in this section, as […]
Section 385.308 – Deceptive practices.
Effective – 28 Aug 2007 385.308. Deceptive practices. — 1. It is unlawful for any provider to use in its name the words insurance, casualty, guaranty, surety, mutual, or any other words descriptive of the insurance, casualty, guaranty, or surety business, or any name deceptively similar to the name or description of any insurance or […]
Section 385.310 – Record-keeping requirements.
Effective – 01 Jan 2008 385.310. Record-keeping requirements. — 1. A provider or administrator shall keep accurate accounts, books, and records concerning transactions regulated under sections 385.300 to 385.320. However, only one set of such accounts, books, and records is required to be maintained and may be maintained by third parties provided the provisions of […]
Section 385.312 – Termination, notice required.
Effective – 01 Jan 2008 385.312. Termination, notice required. — As applicable, an insurer that issued a reimbursement insurance policy shall not terminate or nonrenew the policy until a notice of termination has been mailed or delivered to the director. The termination or nonrenewal of a reimbursement insurance policy shall not reduce the issuer’s responsibility […]
Section 385.314 – Providers considered agents of insurer, when — indemnification and subrogation.
Effective – 28 Aug 2007 385.314. Providers considered agents of insurer, when — indemnification and subrogation. — 1. Providers are considered to be the agent of the insurer which issued the reimbursement insurance policy for purposes of obligating the insurer to contract holders under service contracts associated with the insurer’s reimbursement policy, and the payment […]