Section 385.418 – Warranty requirements.
Effective – 01 Jan 2009 385.418. Warranty requirements. — 1. Every vehicle protection product warranty shall be written in clear, understandable language and shall be printed or typed in an easy-to-read point size and font and shall not be issued, sold, or offered for sale in the state unless the warranty: (1) States that the […]
Section 385.421 – Warranty to contain cancellation terms and conditions — written notice of cancellation required.
Effective – 01 Jan 2009 385.421. Warranty to contain cancellation terms and conditions — written notice of cancellation required. — 1. No vehicle protection product may be sold or offered for sale in this state unless the vehicle protection product warranty states the terms and conditions governing the cancellation of the sale and warranty, if […]
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 385.310 – 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 […]
Section 385.316 – Investigations, administrative orders.
Effective – 28 Aug 2007 385.316. Investigations, administrative orders. — 1. The director may conduct investigations or examinations of providers, administrators, insurers, or other persons to enforce the provisions of sections 385.300 to 385.320 and protect service contract holders in this state. 2. If the director determines that a person has engaged, is engaging, or […]
Section 385.318 – Rulemaking authority.
Effective – 28 Aug 2007 385.318. Rulemaking authority. — The director may promulgate rules to effectuate sections 385.300 to 385.320. Any rule or portion of a rule, as that term is defined in section 536.010, that is created under the authority delegated in this section shall become effective only if it complies with and is […]
Section 385.320 – Inapplicability.
Effective – 28 Aug 2021, 2 histories 385.320. Inapplicability. — 1. Sections 385.300 to 385.320 shall not apply to: (1) Warranties; (2) Maintenance agreements; (3) Warranties, service contracts, or maintenance agreements offered by public utilities on their transmission devices to the extent they are regulated under the laws of this state; (4) Service contracts sold […]
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 […]