reglab/housing_qa huggingface dataset:
MO Rev Stat § 380.381 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 380 - County, Town and Farmers' Mutual Property Insurance Companies|Section 380.381 - Board of directors, election — terms — vacancies — annual meeting, quorum, voting rights.

Effective - 01 Jan 1985   380.381. Board of directors, election — terms — vacancies — annual meeting, quorum, voting rights. — 1. The management of any company operating under the provisions of sections 380.201 to 380.591 shall be vested as provided in the articles of incorporation in a board of at least five directors each of whom shall be the owner of property insured in the company. Directors shall be elected by a majority vote of the members voting at the annual meeting of the members for a term of not less than one year nor more than seven years; however, the articles of incorporation may provide for the classification of directors into three groups the terms of which expire in different years. Vacancies in the board may be filled for the unexpired term by the remaining directors.  2. The annual meeting of the members of the company shall be held annually as provided in the articles of incorporation. A quorum shall consist of such number of members not less than eight as the articles of incorporation may provide. Each member of the company shall be entitled to one vote in all meetings of members. Votes by proxy may be received if the articles of incorporation so provide but only in accordance therewith. ­­-------- (L. 1984 H.B. 1498)  Effective 1-01-85
MO Rev Stat § 380.391 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 380 - County, Town and Farmers' Mutual Property Insurance Companies|Section 380.391 - Misuse of company assets for private gain, penalty.

Effective - 01 Jan 2017, 2 histories   380.391. Misuse of company assets for private gain, penalty. — 1. It is unlawful for any officer, director, member, agent or employee of any company operating under the provisions of sections 380.201 to 380.611 to directly or indirectly use or employ, or permit others to use or employ, any of the money, funds or securities of the company for private profit or gain.  2. Any person who willfully engages in any act, practice, omission, or course of business in violation of this section is guilty of a class E felony.  3. The director may refer such evidence as is available concerning violations of this section to the proper prosecuting attorney, who with or without a criminal reference, or the attorney general under section 27.030, may institute the appropriate criminal proceedings.  4. Nothing in this section shall limit the power of the state to punish any person for any conduct that constitutes a crime in any other state statute. ­­-------- (L. 1984 H.B. 1498, A.L. 2007 S.B. 66, A.L. 2014 S.B. 491)  Effective 1-01-17
MO Rev Stat § 380.401 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 380 - County, Town and Farmers' Mutual Property Insurance Companies|Section 380.401 - Record of investigations of company operations by director — violations, duties of prosecutor or attorney general.

Effective - 01 Jan 1985   380.401. Record of investigations of company operations by director — violations, duties of prosecutor or attorney general. — 1. The director shall, as he may deem proper, make careful inquiry and investigation as to the manner in which the money, funds or securities of companies operating under the provisions of sections 380.201 to 380.591 are invested or employed, and record the result of such inquiry or investigation in records kept in his office for the inspection of policyholders and public officials.  2. In the event of a violation of the provisions of section 380.391, the prosecuting attorney of the proper county, or the attorney general of this state shall proceed at once by information or indictment against the offenders. ­­-------- (L. 1984 H.B. 1498)  Effective 1-01-85
MO Rev Stat § 380.411 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 380 - County, Town and Farmers' Mutual Property Insurance Companies|Section 380.411 - Officers, how selected, tenure.

Effective - 01 Jan 1985   380.411. Officers, how selected, tenure. — Unless the articles of incorporation shall provide otherwise concerning the election of such officers, the directors shall elect from their number a president and a vice president. The directors shall also select a secretary and treasurer and such additional officers as they may deem necessary, who may or may not be members of the company. The offices of secretary and treasurer may be occupied by one person. Unless otherwise provided in the articles of incorporation, the term of all of such officers shall be not less than one year nor more than three years and until their successors are elected or selected and qualified. ­­-------- (L. 1984 H.B. 1498)  Effective 1-01-85
MO Rev Stat § 380.421 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 380 - County, Town and Farmers' Mutual Property Insurance Companies|Section 380.421 - Membership in a company, eligibility.

Effective - 28 Aug 1984   380.421. Membership in a company, eligibility. — 1. Any person having a risk insurable under the provisions of sections 380.201 to 380.591 in the territory in which the company operates may become a member of such company by insuring therein, and shall be entitled to all the rights and privileges appertaining thereto. Any public corporation, private corporation or quasi-corporation, and any board, commission, estate or association owning property within the territory of such company may make application, enter into agreements for and hold policies in any such company.  2. Any officer, trustee, board member or legal representative of any such corporation, board, estate or association may be recognized as acting for or on its behalf for the purpose of such membership, but shall not be personally liable upon such contract of insurance, by reason of acting in such representative capacity. ­­-------- (L. 1984 H.B. 1498)  Effective 1-01-85
MO Rev Stat § 380.431 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 380 - County, Town and Farmers' Mutual Property Insurance Companies|Section 380.431 - Initial charge — guaranty fund to be maintained, how funded, purpose — policies providing for assessment of member — requirements.

Effective - 01 Jan 1985   380.431. Initial charge — guaranty fund to be maintained, how funded, purpose — policies providing for assessment of member — requirements. — 1. A company operating under the provisions of sections 380.201 to 380.591 may collect such fee and/or initial charge as the board of directors shall prescribe and shall collect a sufficient amount of money annually, or oftener, to enable it to pay losses and expenses, and, in accordance with the articles of incorporation and bylaws, to create and maintain a guaranty fund. The amount required shall be collected by assessments or through premiums charged by the company on such of its policies as the board of directors may prescribe. Members holding policies issued on the premium basis shall pay the stipulated premium at or before the time when the policy is issued and shall not be liable to assessment. Members holding policies not issued on the premium basis may be charged such advance assessment, payable at or before the time when the policy is issued as the board of directors may prescribe, but such members shall be liable to further assessment, if any shall be required, in accordance with the provisions of the company's articles of incorporation and sections 380.201 to 380.591. The terms and conditions of the assessment feature must be clearly disclosed in the policy.  2. The existence, maintenance and use of the guaranty fund shall be as provided in the articles of incorporation of the company. Such fund shall be available only for the payment of losses and expenses as the board of directors may deem necessary. The existence or maintenance of the fund shall not operate in any way to relieve any policyholder of any assessment or other obligation he may owe the company or which has been levied against him by the company. In the event the company be dissolved, the fund shall be treated in the same manner as any other asset of the company. ­­-------- (L. 1984 H.B. 1498)  Effective 1-01-85
MO Rev Stat § 380.441 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 380 - County, Town and Farmers' Mutual Property Insurance Companies|Section 380.441 - Liability of members — suspension of company liability during delinquency of members.

Effective - 01 Jan 1985   380.441. Liability of members — suspension of company liability during delinquency of members. — Each member of any company operating under the provisions of sections 380.201 to 380.591 shall be liable in accordance with the terms of his insurance contract or policy for his pro rata share of the amount necessary to pay all losses and expenses incurred during the time for which his respective policy is in force, and to create and maintain such guaranty fund as may be deemed necessary by the directors of such company. A company may in its articles of incorporation or bylaws provide for the suspension of its liability for loss under any policy while an assessment payment is delinquent and the payment of such assessment shall reinstate such policy only from the date of the receipt of such payment but no deduction or credit shall be made in any assessment because of such suspension. ­­-------- (L. 1984 H.B. 1498)  Effective 1-01-85
MO Rev Stat § 380.451 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 380 - County, Town and Farmers' Mutual Property Insurance Companies|Section 380.451 - Policyholder not liable for obligations after termination of policy — notice of assessment after termination.

Effective - 01 Jan 1985   380.451. Policyholder not liable for obligations after termination of policy — notice of assessment after termination. — A policyholder shall not be liable to assessment for any losses or expenses incurred by the company subsequent to the termination of his policy nor shall he be liable to assessment for any obligations incurred by the company prior to such termination unless notice of the assessment is given within one year after such termination. ­­-------- (L. 1984 H.B. 1498)  Effective 1-01-85
MO Rev Stat § 380.461 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 380 - County, Town and Farmers' Mutual Property Insurance Companies|Section 380.461 - Company may borrow to pay losses — assessment to pay loan.

Effective - 01 Jan 1985   380.461. Company may borrow to pay losses — assessment to pay loan. — The company may borrow money for the payment of accrued losses and expenses; but any sum necessary to pay the loan in full shall be included in the next assessment and the assessment shall be levied not later than twelve months after the incurring of the losses or expenses paid from the loan unless otherwise permitted by the director. ­­-------- (L. 1984 H.B. 1498)  Effective 1-01-85
MO Rev Stat § 380.471 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 380 - County, Town and Farmers' Mutual Property Insurance Companies|Section 380.471 - Approved investments.

Effective - 28 Aug 1990   380.471. Approved investments. — Any company operating under the provisions of sections 380.201 to 380.591 may invest in bonds of the United States, or of this state, or of any county, or of any municipality of this state, or in improvement bonds issued for street improvements in any city or town of this state, or in bonds issued by any county of this state for the improvement of highways, or in notes, bonds, debentures or other similar obligations issued by the federal land banks, federal intermediate credit banks, or banks for cooperatives or any other obligations issued pursuant to the provisions of an act of the Congress of the United States known as the Farm Credit Act of 1971, and acts amendatory thereto, or in bonds issued by building and loan funds, mutual investment fund, or in bonds or mortgages upon unencumbered real estate in this state or in any other state provided such real estate shall be worth at least twice the amount loaned thereon. The value of such real estate shall be determined by a valuation made under oath by two residents of the county where the real estate is located, and if buildings are considered as part of the value of such real estate, they shall be insured for the benefit of the mortgagee. To constitute a proper investment, county, city, town, school district, sanitary district or other political subdivision bonds or other evidence of indebtedness must be issued by authority of the law, and interest thereon must not be in default. Any company operating under sections 380.201 to 380.591 may also invest in certificates of deposit issued by any bank, savings and loan, or credit union, in an amount which is fully insured, and may loan or advance money to any other insurance company, provided that each such loan or advancement shall not exceed an amount equal to fifty percent of the average annual income of the borrowing company during the last five-year period. Any company may make such other investments as may be approved by the director. ­­-------- (L. 1984 H.B. 1498, A.L. 1990 H.B. 1070)
MO Rev Stat § 380.482 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 380 - County, Town and Farmers' Mutual Property Insurance Companies|Section 380.482 - Annual statement of company.

Effective - 01 Jan 1985   380.482. Annual statement of company. — Every company operating under sections 380.201 to 380.591, on or before the first day of March in each year, shall prepare an annual statement on a form prescribed by the director, verified by the affidavit of its president and secretary, showing the condition of the company as of the end of the calendar year ending on the thirty-first day of December next preceding. The annual statement shall be filed with the director on or before the first day of March in each year for the calendar year next preceding and shall be presented at the annual meeting of the company. ­­-------- (L. 1984 H.B. 1498)  Effective 1-01-85
MO Rev Stat § 380.491 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 380 - County, Town and Farmers' Mutual Property Insurance Companies|Section 380.491 - Director to examine, when — expenses.

Effective - 01 Jan 1985   380.491. Director to examine, when — expenses. — If the director believes that a company may be conducting its affairs in a manner contrary to law or detrimental to the interests of the policyholders or if requested by resolution adopted at any special or annual meeting of its members, he shall cause the books and affairs of any company operating under the provisions of sections 380.201 to 380.591 to be examined and shall furnish a report of such examination to the company examined. If the company is conducting its affairs in a manner contrary to law and detrimental to the interests of the policyholders, the director shall take such action as shall best protect their interests. The expense of necessary examinations shall be paid by the company examined. ­­-------- (L. 1984 H.B. 1498)  Effective 1-01-85
MO Rev Stat § 380.501 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 380 - County, Town and Farmers' Mutual Property Insurance Companies|Section 380.501 - Company may dissolve — procedure.

Effective - 01 Jan 1985   380.501. Company may dissolve — procedure. — A company may at any meeting of members, due notice of the time, place and object of which shall have been given, by a vote of three-fourths or more of the members voting, voluntarily discontinue its operations and settle its affairs. Thereupon it shall designate a committee of three members who shall on behalf of the company, within a time fixed in their designation or any extension thereof and under the supervision of the director, liquidate its assets, pay its debts and expenses, and divide any surplus among the existing members and those who were members within the preceding three years, as they may be entitled. Upon final settlement by such committee, it shall make a report of the proceedings had under the provisions of this section, which shall be signed by its members and filed with the director. If he approves the same, he shall transmit to such committee a certificate of his approval and thereupon the company shall be deemed dissolved and shall cease to exist under sections 380.201 to 380.591. The director shall certify the liquidation and dissolution to the secretary of state who shall rescind the corporation's charter. ­­-------- (L. 1984 H.B. 1498)  Effective 1-01-85
MO Rev Stat § 380.511 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 380 - County, Town and Farmers' Mutual Property Insurance Companies|Section 380.511 - Company exempt from insurance laws, exception.

Effective - 01 Jan 1985   380.511. Company exempt from insurance laws, exception. — 1. Any company operating under sections 380.201 to 380.591 shall be exempt from all provisions of other insurance laws of this state except as otherwise specifically designated in this chapter. No law hereafter passed shall apply to any company operating under the provisions of sections 380.201 to 380.591 unless such law shall expressly declare that it is applicable to such company.  2. Any company operating under the provisions of sections 380.201 to 380.591* writing automobile insurance, however, shall be subject to the provisions of sections 375.445, 375.936 to 375.948, 379.110 to 379.120, 379.203, 303.170, 303.180, 303.200 and 303.210 with respect to said business. ­­-------- (L. 1984 H.B. 1498)  Effective 1-01-85  *Section number "380.590" appears in original rolls.
MO Rev Stat § 380.521 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 380 - County, Town and Farmers' Mutual Property Insurance Companies|Section 380.521 - License for agents — agencies and brokers.

Effective - 01 Jan 1985   380.521. License for agents — agencies and brokers. — 1. No company organized or operating under the provisions of sections 380.201 to 380.591* shall pay any commission or other compensation to any person for any services, as agent, in obtaining in this state any contract of insurance except to an agent, agency or broker licensed by the department of commerce and insurance of the state of Missouri.  2. Any insurance agent, agency or broker that acts as such in connection with the procurement of an insurance contract through a company organized or operating under the provisions of sections 380.201 to 380.591 shall be subject to the provisions of sections 375.012 to 375.146. ­­-------- (L. 1984 H.B. 1498)  Effective 1-01-85  *Section numbers "380.200 to 380.590" appear in original rolls.
MO Rev Stat § 380.531 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 380 - County, Town and Farmers' Mutual Property Insurance Companies|Section 380.531 - Notices, how given.

Effective - 01 Jan 1985   380.531. Notices, how given. — Except as otherwise specifically provided in sections 380.201 to 380.591, notice for all purposes required by any provision of those sections shall consist of written or printed notice delivered to the insured or other person to be notified or deposited in the post office directed to him at his address as shown on the records of the company. ­­-------- (L. 1984 H.B. 1498)  Effective 1-01-85
MO Rev Stat § 380.541 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 380 - County, Town and Farmers' Mutual Property Insurance Companies|Section 380.541 - Policy cancellation — exceptions.

Effective - 01 Jan 1985   380.541. Policy cancellation — exceptions. — Any policy issued by a company operating under the provisions of sections 380.201 to 380.591 may be cancelled in whole or in part by the company upon giving five days' notice thereof to the policyholder as provided in the policy except automobile insurance policies whose cancellation and nonrenewal is governed by the provisions of sections 379.110 to 379.120. ­­-------- (L. 1984 H.B. 1498)  Effective 1-01-85
MO Rev Stat § 380.551 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 380 - County, Town and Farmers' Mutual Property Insurance Companies|Section 380.551 - Waiver of provision or defense, what constitutes — evidence.

Effective - 01 Jan 1985   380.551. Waiver of provision or defense, what constitutes — evidence. — No provision or condition of any insurance policy issued under the provisions of sections 380.201 to 380.591 and no right or defense of any company operating under the provisions of those sections shall be waived by such company or held to be waived by it, unless such provision, condition, right or defense is specifically waived by letter or other written or printed instrument purporting on its face that it is intended to be a waiver of such specified provision, condition, right or defense. The letter or other written or printed instrument, to be effective as a waiver, must bear the signature, not in facsimile, of an officer or other representative of the company authorized to execute such waivers. The letter or other written or printed instrument shall be the only admissible evidence of the waiver by the company of any such provision, condition, right or defense except that a specific admission under oath by a duly authorized officer or other duly authorized representative of the company that such letter or other written or printed instrument was intentionally delivered or deposited in the United States mail for the purpose of effecting such waiver may be received as evidence thereof. ­­-------- (L. 1984 H.B. 1498)  Effective 1-01-85
MO Rev Stat § 380.561 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 380 - County, Town and Farmers' Mutual Property Insurance Companies|Section 380.561 - Rules, authority for, procedure.

Effective - 28 Aug 1995   380.561. Rules, authority for, procedure. — The director may promulgate such reasonable rules and regulations not inconsistent with the provisions of sections 380.201 to 380.591 to effectuate or aid in the interpretation of these sections. The procedure for promulgation of rules and regulations shall be in accordance with the provisions of chapter 536, and the director shall hold a public hearing before promulgating any rule or regulation. No rule or portion of a rule promulgated under the authority of this chapter shall become effective unless it has been promulgated pursuant to the provisions of section 536.024. ­­-------- (L. 1984 H.B. 1498, A.L. 1993 S.B. 52, A.L. 1995 S.B. 3)