reglab/housing_qa huggingface dataset:
MO Rev Stat § 384.043 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 384 - Surplus Lines Insurance|Section 384.043 - Licensing requirements for insurance producers, fee — examination, exception — renewal, when, violation, effect — national database, participation in — rulemaking authority.

Effective - 28 Aug 2021, 3 histories   384.043. Licensing requirements for insurance producers, fee — examination, exception — renewal, when, violation, effect — national database, participation in — rulemaking authority. — 1. No insurance producer shall procure any contract of surplus lines insurance with any nonadmitted insurer, unless he possesses a current surplus lines insurance license issued by the director.  2. The director shall issue a surplus lines license to any qualified holder of a current resident or nonresident property and casualty insurance producer license but only when the licensee has:  (1) Remitted the one hundred dollar initial fee to the director;  (2) Submitted a completed license application on a form supplied by the director; and  (3) Passed a qualifying examination approved by the director, except that all holders of a license prior to July 1, 1987, shall be deemed to have passed such an examination.  3. Each surplus lines license shall be renewed for a term of two years on the birth date of the licensee and continue in effect until refused, revoked or suspended by the director in accordance with section 384.065; except that if the biennial renewal fee for the license is not paid on or before the birth date of the licensee, the license terminates. The biennial renewal fee is one hundred dollars.  4. Beginning on or before July 1, 2012, the director shall participate in the national insurance producer database of the National Association of Insurance Commissioners, or any other equivalent uniform national database, for the licensure of surplus lines licensees and the renewal of such licenses.  5. Notwithstanding any other provision of this chapter, a person selling, soliciting, or negotiating nonadmitted insurance with respect to an insured shall be required to obtain or possess a current surplus lines insurance license issued by the director only if this state is such insured's home state.  6. The director may promulgate rules using the authority granted under section 375.045* to assist in the implementation of this section, including prorating licensure periods so that all renewals after January 1, 2022, shall occur biennially on a licensee's birth date. ­­-------- (L. 1987 H.B. 700 § 13, A.L. 1989 S.B. 250, A.L. 1990 H.B. 1739, A.L. 2001 S.B. 193 merged with S.B. 605, A.L. 2004 S.B. 1299, A.L. 2009 H.B. 577, A.L. 2011 S.B. 132, A.L. 2021 S.B. 6)  *Section "375.045" appears in original rolls, which does not exist, an apparent typographical error. Section 374.045 appears to contain the authority referenced.
MO Rev Stat § 384.045 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 384 - Surplus Lines Insurance|Section 384.045 - Licensees may originate or accept insurance from other licensees or brokers, compensation.

Effective - 01 Jul 1987   384.045. Licensees may originate or accept insurance from other licensees or brokers, compensation. — A surplus lines licensee may originate surplus lines insurance or accept such insurance from any other agent or broker duly licensed as to the kinds of insurance involved, and the surplus lines licensee may compensate such agent or broker therefor. ­­-------- (L. 1987 H.B. 700 § 14)  Effective 7-01-87
MO Rev Stat § 384.048 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 384 - Surplus Lines Insurance|Section 384.048 - Records required to be kept by licensees — to be open to director — retention period.

Effective - 28 Aug 1989   384.048. Records required to be kept by licensees — to be open to director — retention period. — Each surplus lines licensee shall keep in his office in this state a full and true record of each surplus lines insurance contract placed by or through him, including a copy of the policy, certificate, cover note, or other evidence of insurance showing such of the following items as may be applicable:  (1) Amount of the insurance and perils insured;  (2) Brief description of the property insured and its location;  (3) Gross premium charged;  (4) Any return premium paid;  (5) Rate of premium charged upon the several items of property;  (6) Effective date of the contract, and the terms thereof;  (7) Name and address of the insured;  (8) Name and address of the insurer;  (9) Amount of tax and other sums to be collected from the insured; and  (10) Identity of the producing broker, any confirming correspondence from the insurer or its representative and the application. ­­The record of each contract shall be kept open at all reasonable times to examination by the director without notice for a period not less than three years following termination of the contract. In lieu of maintaining offices in this state, each nonresident surplus lines licensee shall make available to the director any and all records that he deems necessary for examination. Examination costs incurred by the director in examining a nonresident surplus lines licensee shall be paid by the nonresident surplus lines licensee. ­­-------- (L. 1987 H.B. 700 § 15, A.L. 1989 S.B. 250)
MO Rev Stat § 384.051 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 384 - Surplus Lines Insurance|Section 384.051 - Insured to file report on surplus lines insurance not obtained through a broker — contents, when due — tax imposed, procedure to collect tax.

Effective - 07 Jul 2011, 2 histories   384.051. Insured to file report on surplus lines insurance not obtained through a broker — contents, when due — tax imposed, procedure to collect tax. — 1. Every insured whose home state is this state who procures or causes to be procured or continues or renews insurance in any surplus lines insurer, or any self-insurer whose home state is this state who so procures or continues with, any surplus lines insurer, excess of loss, catastrophe or other insurance, other than insurance procured through a surplus lines broker pursuant to sections 384.011 to 384.071, shall before March second of the year next succeeding the year in which the insurance was so procured, continued or renewed, file a written report of the same with the director on forms prescribed by the director and furnished to such an insured upon request. The report shall show:  (1) The name and address of the insured or insureds;  (2) The name and address of the insurer or insurers;  (3) The subject of the insurance;  (4) A general description of the coverage;  (5) The amount of premium currently charged therefor;  (6) Such additional pertinent information as may be reasonably requested by the director.  2. For the general support of the government of this state there is levied upon the insured or self-insurer who procures insurance pursuant to subsection 1 of this section a tax at the rate of five percent of the gross amount of the premium. Before April sixteenth of the year next succeeding the year in which the insurance was so procured, continued or renewed, the insured shall remit to the department of revenue the amount of the tax. The department of revenue shall notify the director of the sums collected from each insured or self-insurer. ­­-------- (L. 1987 H.B. 700 § 16 subsecs. 1 to 5, A.L. 1989 S.B. 250, A.L. 2009 H.B. 577, A.L. 2011 S.B. 132)  Effective 7-07-11
MO Rev Stat § 384.054 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 384 - Surplus Lines Insurance|Section 384.054 - Delinquent tax, penalty, interest.

Effective - 28 Aug 2007   384.054. Delinquent tax, penalty, interest. — Any tax imposed by sections 384.011 to 384.071 which is delinquent in payment shall be subject to a penalty of one percent of the tax per diem up to ten percent of the tax. Any delinquent tax shall bear interest at the rate determined under section 32.065 from the time such tax is due. ­­-------- (L. 1987 H.B. 700 § 16 subsec. 6, A.L. 1989 S.B. 250, A.L. 2007 S.B. 66)
MO Rev Stat § 384.057 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 384 - Surplus Lines Insurance|Section 384.057 - Licensee to file annual statement, contents — report to director, contents.

Effective - 07 Jul 2011, 2 histories   384.057. Licensee to file annual statement, contents — report to director, contents. — 1. Before March second of each year, each surplus lines broker shall report under oath to the director on forms prescribed by him or her a statement showing, with respect to the year ending the immediately preceding December thirty-first for nonadmitted insurance where the home state of the insured is this state:  (1) The gross amounts charged for surplus lines insurance, exclusive of sums collected for the payment of federal, state or local taxes;  (2) The amount of net premiums with respect to the insurance. For the purpose of this section, "net premiums" means the gross amount of charges for surplus lines insurance, exclusive of sums collected for the payment of federal, state and local taxes, less returned premiums.  2. No later than within forty-five days after the end of each calendar quarter ending March thirty-first, June thirtieth, September thirtieth, and December thirty-first each surplus lines broker shall report under oath to the director on forms prescribed by him or her a statement showing, with respect to each respective calendar quarter for nonadmitted insurance where the home state of the insured is this state:  (1) The gross amounts charged for surplus lines insurance, exclusive of sums collected for the payment of federal, state, or local taxes;  (2) The amount of net premiums with respect to the insurance. For the purpose of this section, "net premiums" means the gross amount of charges for surplus lines insurance, exclusive of sums collected for the payment of federal, state, and local taxes, less returned premiums. ­­-------- (L. 1987 H.B. 700 § 16 subsec. 7, A.L. 1989 S.B. 250, A.L. 2009 H.B. 577, A.L. 2011 S.B. 132)  Effective 7-07-11
MO Rev Stat § 384.059 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 384 - Surplus Lines Insurance|Section 384.059 - Premium tax applicable to surplus lines, rate, payment — broker may charge tax to insured.

Effective - 28 Aug 1989   384.059. Premium tax applicable to surplus lines, rate, payment — broker may charge tax to insured. — 1. There is hereby imposed on surplus brokers for the privilege of doing the business of a surplus lines broker in this state a tax of five percent of the net premium received with respect to surplus lines insurance on risks located in this state and subject to sections 375.136, 375.301, 375.786 and sections 384.011 to 384.071 as shown on the annual report filed with the department pursuant to section 384.057. For the purpose of this section, "net premiums" means the gross amount of charges for surplus lines insurance exclusive of sums collected for the payment of federal, state and local taxes, less returned premiums. The tax shall be paid before April sixteenth of each year. Nothing in sections 375.136, 375.301, 375.786 and sections 384.011 to 384.071 shall exempt from the tax levied by this section any surplus lines insurance covering risks in this state procured by a surplus lines broker or other broker for or on behalf of an airline, railroad, or motor carrier. The portion of the risk in this state shall be in the proportion that the carrier's revenue miles in this state bears to its total revenue miles.  2. The surplus lines broker may collect from the insured an amount equal to the tax provided for in this section. ­­-------- (L. 1987 H.B. 700 § 17, A.L. 1989 S.B. 250)
MO Rev Stat § 384.061 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 384 - Surplus Lines Insurance|Section 384.061 - Premium tax to be levied only on entire gross premium for nonadmitted or surplus lines insurance policies.

Effective - 07 Jul 2011   384.061. Premium tax to be levied only on entire gross premium for nonadmitted or surplus lines insurance policies. — 1. Notwithstanding any other provision of this chapter or regulation implementing a provision of this chapter, the five percent tax on net premiums imposed by sections 384.051 and 384.059 shall be levied upon and only upon the entire gross premium for nonadmitted or surplus lines insurance policies for which the home state of the insured is Missouri.  2. Notwithstanding any other provision of this chapter or regulation implementing a provision of this chapter:  (1) The placement of nonadmitted insurance shall be subject to the statutory and regulatory requirements of this chapter only if this state is the insured's home state; and  (2) A surplus lines broker is required to be licensed as a surplus lines licensee under the provisions of this chapter only if this state is the insured's home state. ­­-------- (L. 1989 S.B. 250, A.L. 2011 S.B. 132)  Effective 7-07-11
MO Rev Stat § 384.062 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 384 - Surplus Lines Insurance|Section 384.062 - Premium taxes collected by licensee but unpaid to department, actions authorized — taxes payable to department.

Effective - 28 Aug 2009   384.062. Premium taxes collected by licensee but unpaid to department, actions authorized — taxes payable to department. — 1. If any tax, penalty, or interest payable by a surplus lines licensee under the provisions of sections 384.011 to 384.071 is not paid within the time prescribed, the same shall be recoverable in a suit brought by the director against the surplus lines licensee.  2. All taxes, penalties, and interest or delinquent taxes levied pursuant to this chapter shall be paid to the department of revenue, who shall notify the director of the sums collected from each surplus lines licensee. All checks and drafts remitted for the payment of such taxes, penalties and interest shall be made payable to the director of revenue.  3. Taxes collected pursuant to this chapter are taxes collected by the director of revenue within the meaning of section 139.031. ­­-------- (L. 1987 H.B. 700 § 18, A.L. 1989 S.B. 250, A.L. 2004 S.B. 1299, A.L. 2009 H.B. 577)
MO Rev Stat § 384.065 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 384 - Surplus Lines Insurance|Section 384.065 - Revocation, suspension or refusal to renew license of licensee, grounds — notice — hearing.

Effective - 28 Aug 2004   384.065. Revocation, suspension or refusal to renew license of licensee, grounds — notice — hearing. — The director may suspend, revoke, or refuse to renew the license of a surplus lines licensee after notice and hearing as provided under the applicable provisions of this state's laws upon any one or more of the following grounds:  (1) Removal of the resident surplus lines licensee's office from this state;  (2) Removal of the resident surplus lines licensee's office accounts and records from this state during the period during which such accounts and records are required to be maintained under section 384.059;  (3) Closing of the surplus lines licensee's office for a period of more than thirty business days, unless permission is granted by the director;  (4) Failure to make and file required reports;  (5) Failure to transmit required tax on surplus lines premiums;  (6) Violation of any provision of sections 384.011 to 384.071; or  (7) For any cause for which an insurance license could be denied, revoked, suspended or renewal refused under section 375.141. ­­-------- (L. 1987 H.B. 700 § 19, A.L. 2004 S.B. 1299)
MO Rev Stat § 384.068 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 384 - Surplus Lines Insurance|Section 384.068 - Cause of action on contracts of insurance may be brought against insurer — policy to contain appropriate language — insurer deemed to have subjected himself to this section — service of process.

Effective - 01 Jul 1987   384.068. Cause of action on contracts of insurance may be brought against insurer — policy to contain appropriate language — insurer deemed to have subjected himself to this section — service of process. — 1. A surplus lines insurer may be sued upon any cause of action arising in this state under any surplus lines insurance contract made by it or evidence of insurance issued or delivered by the surplus lines licensee pursuant to the procedure provided in sections 375.256 to 375.266. Any such policy issued by the surplus lines licensee shall contain a provision stating the substance of this section and designating the person to whom the director shall mail process.  2. Each surplus lines insurer assuming a surplus lines insurance shall be deemed thereby to have subjected itself to the provisions of sections 384.011 to 384.071.  3. The remedies provided in this section are in addition to any other methods provided by law for service of process upon insurers. ­­-------- (L. 1987 H.B. 700 § 20)  Effective 7-01-87
MO Rev Stat § 384.071 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 384 - Surplus Lines Insurance|Section 384.071 - Violations, penalties.

Effective - 28 Aug 2007   384.071. Violations, penalties. — 1. 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 384.011 to 384.071 or a rule adopted or order issued pursuant thereto, or that a person has materially aided or is materially aiding an act, practice, omission, or course of business constituting a violation of sections 384.011 to 384.071 or a rule adopted or order issued pursuant thereto, the director may issue such administrative orders as authorized under section 374.046. A violation of any of these sections is a level three violation under section 374.049.  2. If the director believes 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 384.011 to 384.071 or a rule adopted or order issued pursuant thereto, or that a person has materially aided or is materially aiding an act, practice, omission, or course of business constituting a violation of sections 384.011 to 384.071 or a rule adopted or order issued pursuant thereto, the director may maintain a civil action for relief authorized under section 374.048. A violation of any of these sections is a level three violation under section 374.049.  3. Any surplus lines licensee who in this state represents or aids a nonadmitted insurer in violation of the provisions of sections 384.011 to 384.071 may be found guilty of a class B misdemeanor and subject to a fine not in excess of one thousand dollars.  4. The above penalties are not exclusive remedies. ­­-------- (L. 1987 H.B. 700 § 21, A.L. 2007 S.B. 66)
MO Rev Stat § 385.010 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 385 - Credit Insurance and Service Contracts|Section 385.010 - Purpose clause.

Effective - 28 Aug 1992   385.010. Purpose clause. — The purpose of sections 385.010 to 385.080 is to promote the public welfare by regulating credit life insurance and credit accident and sickness insurance, credit casualty insurance, credit involuntary unemployment insurance and credit property insurance. Nothing in sections 385.010 to 385.080 is intended to prohibit or discourage reasonable competition. The provisions of sections 385.010 to 385.080 shall be liberally construed. ­­-------- (L. 1977 H.B. 610 § 1, A.L. 1992 S.B. 519)
MO Rev Stat § 385.015 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 385 - Credit Insurance and Service Contracts|Section 385.015 - Scope of law.

Effective - 28 Aug 2020, 2 histories   385.015. Scope of law. — All life insurance, accident and sickness insurance, involuntary unemployment insurance, credit casualty insurance, and property insurance written in connection with loans or other credit transactions shall be subject to the provisions of sections 385.010 to 385.080, except insurance for which no identifiable charge is made to the debtor and insurance written in connection with a loan or other credit transaction of more than fifteen years duration; nor shall insurance be subject to the provisions of sections 385.010 to 385.080 if the issuance of the insurance is an isolated transaction on the part of the insurer not related to an agreement or a plan for insuring debtors of the creditor or where the issuance of such insurance is in connection with a residential real estate secured credit transaction commitment exceeding twenty-five thousand dollars, which may be accessed on a discretionary basis by the debtor. ­­-------- (L. 1977 H.B. 610 § 2, A.L. 1987 H.B. 510, A.L. 1992 S.B. 519, A.L. 2020 S.B. 599)
MO Rev Stat § 385.025 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 385 - Credit Insurance and Service Contracts|Section 385.025 - Credit life and accident insurance, form in which it shall be issued.

Effective - 28 Aug 1977   385.025. Credit life and accident insurance, form in which it shall be issued. — Credit life insurance and credit accident and sickness insurance shall be issued only in the following forms:  (1) Individual policies of life insurance issued to debtors on a term plan;  (2) Individual policies of accident and sickness insurance issued to debtors on a term plan or disability benefit provisions in individual policies of credit life insurance;  (3) Group policies of life insurance issued to creditors providing insurance upon the lives of debtors on the term plan;  (4) Group policies of accident and sickness insurance issued to creditors on a term plan insuring debtors or disability benefit provisions in group credit life insurance policies to provide such coverage. ­­-------- (L. 1977 H.B. 610 § 4)
MO Rev Stat § 385.030 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 385 - Credit Insurance and Service Contracts|Section 385.030 - Amount of insurance permitted — payments, amount of, limited.

Effective - 10 Jul 1991   385.030. Amount of insurance permitted — payments, amount of, limited. — 1. The initial amount of credit life insurance shall not exceed the total amount repayable under the contract of indebtedness and, where an indebtedness is repayable in substantially equal installments, the amount of insurance shall at no time exceed the scheduled or actual amount of unpaid indebtedness, whichever is greater.  2. Notwithstanding the provisions of subsection 1 of this section, insurance on agricultural credit transaction commitments, not exceeding forty-eight months in duration, may be written up to the amount of the loan commitment on a nondecreasing or level term plan.  3. Notwithstanding any other provision of this section, insurance on educational credit transaction commitments may be written for the amount of the portion of the commitment that has not been advanced by the creditor.  4. The total amount of periodic indemnity payable by credit accident and sickness insurance in the event of disability, as defined in the policy, shall not exceed the aggregate of the periodic scheduled unpaid installments of the indebtedness, and the amount of each periodic indemnity payment shall not exceed the original indebtedness divided by the number of periodic installments or divided by the number of months of its term in the case of an agricultural loan commitment insured under subsection 2 of this section.  5. Notwithstanding any other provision of this section, insurance on residential real estate secured credit transaction commitments may be written up to the amount of the loan commitment. ­­-------- (L. 1977 H.B. 610 § 5, A.L. 1987 H.B. 510, A.L. 1991 S.B. 352)  Effective 7-10-91