reglab/housing_qa huggingface dataset:
MO Rev Stat § 382.120 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 382 - Insurance Holding Companies|Section 382.120 - Information to be kept current, when changes reported.

Effective - 28 Aug 1993   382.120. Information to be kept current, when changes reported. — Each registered insurer shall keep current the information required to be disclosed in its registration statement by reporting all material changes or additions on amendment forms provided by the director within fifteen days after the end of the month in which it learns of each such change or addition, but, subject to section 382.210, each registered insurer shall so report all dividends and other distributions to shareholders promptly on the declaration thereof. No life or title insurer subject to registration under section 382.100 shall pay any dividend unless it has reported the dividend to the director:  (1) Within five days of its being declared; and  (2) At least ten days before it is paid. ­­-------- (L. 1971 S.B. 101 § 15, A.L. 1993 H.B. 709)
MO Rev Stat § 382.130 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 382 - Insurance Holding Companies|Section 382.130 - Termination of registration, when.

Effective - 28 Aug 1971   382.130. Termination of registration, when. — The director shall terminate the registration of any insurer which demonstrates that it no longer is a member of an insurance holding company system. ­­-------- (L. 1971 S.B. 101 § 16)
MO Rev Stat § 382.140 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 382 - Insurance Holding Companies|Section 382.140 - Consolidated registration statements or amendments, when.

Effective - 28 Aug 1971   382.140. Consolidated registration statements or amendments, when. — The director may require or allow two or more affiliated insurers subject to registration under the provisions of sections 382.010 to 382.300 to file a consolidated registration statement or consolidated reports amending their consolidated registration statement or their individual registration statements. ­­-------- (L. 1971 S.B. 101 § 17)
MO Rev Stat § 382.150 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 382 - Insurance Holding Companies|Section 382.150 - Registration for affiliates authorized.

Effective - 28 Aug 1971   382.150. Registration for affiliates authorized. — The director may allow an insurer which is authorized to do business in this state and which is part of an insurance holding company system to register on behalf of any affiliated insurer which is required to register under section 382.100 and to file all information and material required to be filed under section 382.110. ­­-------- (L. 1971 S.B. 101 § 18)
MO Rev Stat § 382.160 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 382 - Insurance Holding Companies|Section 382.160 - Exemption from registration and reports, how and when.

Effective - 28 Aug 2015   382.160. Exemption from registration and reports, how and when. — The provisions of sections 382.100 to 382.180 shall not apply to any insurer, information or transaction if and to the extent that the director by rule, regulation, or order shall exempt the same from such provisions. ­­-------- (L. 1971 S.B. 101 § 19, A.L. 2015 H.B. 50)
MO Rev Stat § 382.170 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 382 - Insurance Holding Companies|Section 382.170 - Disclaimer of affiliation, effect of.

Effective - 28 Aug 2015   382.170. Disclaimer of affiliation, effect of. — Any person may file with the director a disclaimer of affiliation with any authorized insurer or the disclaimer may be filed by the insurer or any member of an insurance holding company system. The disclaimer shall fully disclose all material relationships and bases for affiliation between such person and such insurer as well as the basis for disclaiming such affiliation. A disclaimer of affiliation shall be deemed to have been granted unless the director, within thirty days following receipt of a complete disclaimer, notifies the filing party that the disclaimer is disallowed. In the event of disallowance, the disclaiming party may request an administrative hearing, which shall be granted. The disclaiming party shall be relieved of its duty to register under this section if approval of the disclaimer has been granted by the director or if the disclaimer is deemed to have been approved. ­­-------- (L. 1971 S.B. 101 § 20, A.L. 2015 H.B. 50)
MO Rev Stat § 382.175 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 382 - Insurance Holding Companies|Section 382.175 - Enterprise risk report, contents, filing of, due date.

Effective - 28 Aug 2015   382.175. Enterprise risk report, contents, filing of, due date. — Upon request of the director, the ultimate controlling person of every insurer subject to registration shall file an annual enterprise risk report. The report shall be appropriate to the nature, scale, and complexity of the operations of the insurance holding company and shall, to the best of the ultimate controlling person's knowledge and belief, identify the material risks within the insurance holding company system, if any, that could pose enterprise risk to the insurer. The report shall be filed with the lead state insurance commissioner of the insurance holding company system as determined by procedures within the Financial Analysis Handbook adopted by the National Association of Insurance Commissioners. The first enterprise risk report shall be due and filed no later than May 1, 2016, and annually thereafter by the first day of May each year, unless the lead state insurance commissioner extends the time for filing for good cause shown. ­­-------- (L. 2015 H.B. 50)
MO Rev Stat § 382.177 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 382 - Insurance Holding Companies|Section 382.177 - Liquidity stress test, filing of — scope criteria — NAIC compliance.

Effective - 28 Aug 2021   382.177. Liquidity stress test, filing of — scope criteria — NAIC compliance. — 1. The ultimate controlling person of every insurer subject to registration and also scoped into the NAIC liquidity stress test framework shall file the results of a specific year's liquidity stress test. The filing shall be made to the lead state insurance director of the insurance holding company system as determined by the procedures within the Financial Analysis Handbook adopted by the NAIC.  2. The NAIC liquidity stress test framework includes scope criteria applicable to a specific data year. These scope criteria are reviewed at least annually by the NAIC's financial stability task force or its successor. Any change to the NAIC liquidity stress test framework or to the data year for which the scope criteria are to be measured shall be effective on January first of the year following the calendar year in which such changes are adopted. Insurers meeting at least one threshold of the scope criteria are considered scoped into the NAIC liquidity stress test framework for the specified data year unless the lead state insurance director, in consultation with the NAIC financial stability task force or its successor, determines the insurer shall not be scoped into the framework for that data year. Similarly, insurers that do not trigger at least one threshold of the scope criteria are considered scoped out of the NAIC liquidity stress test framework for the specified data year unless the lead state insurance director, in consultation with the NAIC financial stability task force or its successor, determines the insurer shall be scoped into the framework for that data year. Regulators wish to avoid having insurers scoped into and out of the NAIC liquidity stress test framework on a frequent basis, the lead state insurance director, in consultation with the financial stability task force or its successor, shall assess this concern as part of the determination for an insurer.  3. The performance of, and filing of the results from, a specific year's liquidity stress test shall comply with the NAIC liquidity stress test framework's instructions and reporting templates for that year and any lead state insurance director determinations, in conjunction with the financial stability task force or its successor, provided within the framework. ­­-------- (L. 2021 S.B. 6)
MO Rev Stat § 382.180 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 382 - Insurance Holding Companies|Section 382.180 - Failure to file registration statement, summary, or enterprise risk report a violation.

Effective - 28 Aug 2015   382.180. Failure to file registration statement, summary, or enterprise risk report a violation. — The failure to file a registration statement, summary of the registration statement, or enterprise risk filing required under sections 382.100 to 382.180 within the time specified for the filing is a violation of sections 382.100 to 382.180. ­­-------- (L. 1971 S.B. 101 § 21, A.L. 2015 H.B. 50)
MO Rev Stat § 382.190 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 382 - Insurance Holding Companies|Section 382.190 - Transactions with affiliates, how conducted.

Effective - 28 Aug 2015   382.190. Transactions with affiliates, how conducted. — Material transactions by registered insurers with their affiliates are subject to the following standards:  (1) The terms shall be fair and reasonable;  (2) Charges or fees for services shall be reasonable;  (3) Expenses incurred and payment received shall be allocated to the insurer in conformity with customary insurance accounting practices consistently applied;  (4) The books, accounts and records of each party shall be maintained so as to clearly and accurately disclose the precise nature and details of the transactions including such accounting information as is necessary to support the reasonableness of the charges or fees to the respective parties;  (5) The insurer's surplus as regards policyholders following any dividends or distributions to shareholder affiliates shall be reasonable in relation to the insurer's outstanding liabilities and adequate to its financial needs; and  (6) Agreements for cost-sharing services and management shall include such provisions as required by the director by rule. ­­-------- (L. 1971 S.B. 101 § 22, A.L. 1992 H.B. 1574, A.L. 2015 H.B. 50)
MO Rev Stat § 382.200 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 382 - Insurance Holding Companies|Section 382.200 - Reasonable surplus, how determined.

Effective - 28 Aug 1992   382.200. Reasonable surplus, how determined. — For the purposes of sections 382.010 to 382.300 in determining whether an insurer's surplus as regards policyholders is reasonable in relation to the insurer's outstanding liabilities and adequate to its financial needs, the following factors, among others, shall be considered:  (1) The size of the insurer as measured by its assets, capital and surplus, reserves, premium writings, insurance in force and other appropriate criteria;  (2) The extent to which the insurer's business is diversified among the several lines of insurance;  (3) The number and size of risks insured in each line of business;  (4) The extent of the geographical dispersion of the insurer's insured risks;  (5) The nature and extent of the insurer's reinsurance program;  (6) The quality, diversification and liquidity of the insurer's investment portfolio;  (7) The recent past and projected future trend in the size of the insurer's investment portfolio;  (8) The surplus as regards policyholders maintained by other comparable insurers;  (9) The adequacy of the insurer's reserves; and  (10) The quality and liquidity of investments in subsidiaries made pursuant to sections 382.010 to 382.300. The director may treat any such investment as a disallowed asset for purposes of determining the adequacy of surplus as regards policyholders whenever in his judgment such investment so warrants. ­­-------- (L. 1971 S.B. 101 § 23, A.L. 1992 H.B. 1574)
MO Rev Stat § 382.225 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 382 - Insurance Holding Companies|Section 382.225 - Supervisory college, powers of director — insurer liable for expenses of director's participation in supervisory college.

Effective - 28 Aug 2015   382.225. Supervisory college, powers of director — insurer liable for expenses of director's participation in supervisory college. — 1. With respect to any insurer registered under sections 382.100 to 382.180 and in accordance with subsection 3 of this section, the director shall also have the power to participate in a supervisory college for any domestic insurer that is part of an insurance holding company system with international operations in order to determine compliance by the insurer with this chapter. The powers of the director with respect to supervisory colleges include, but are not limited to, the following:  (1) Initiating the establishment of a supervisory college;  (2) Clarifying the membership and participation of other supervisors in the supervisory college;  (3) Clarifying the functions of the supervisory college and the role of other regulators including the establishment of a groupwide supervisor or host, who may be the director;  (4) Coordinating the ongoing activities of the supervisory college, including planning meetings, supervisory activities, and processes for information sharing; and  (5) Establishing a crisis management plan.  2. Each registered insurer subject to this section shall be liable for and shall pay the reasonable expenses of the director's participation in a supervisory college in accordance with subsection 3 of this section including reasonable travel expenses. For purposes of this section, a supervisory college may be convened as either a temporary or permanent forum for communication and cooperation between the regulators charged with the supervision of the insurer or its affiliates, and the director may establish a regular assessment to the insurer for the payment of such expenses.  3. In order to assess the business strategy, financial position, legal and regulatory position, risk exposure, risk management and governance processes, and as part of the examination of individual insurers in accordance with section 382.220, the director may participate in a supervisory college with other regulators charged with supervision of the insurer or its affiliates including other state, federal, and international regulatory agencies. The director may enter into agreements in accordance with subsection 3 of section 382.230 providing the basis for cooperation between the director and the other regulatory agencies and the activities of the supervisory college. Nothing in this section shall delegate to the supervisory college the authority of the director to regulate or supervise the insurer or its affiliates within the director's jurisdiction. ­­-------- (L. 2015 H.B. 50)
MO Rev Stat § 382.240 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 382 - Insurance Holding Companies|Section 382.240 - Rules and regulations, how issued.

Effective - 28 Aug 1971   382.240. Rules and regulations, how issued. — The director may, upon notice and opportunity for all interested persons to be heard, issue such rules, regulations, and orders as are necessary to carry out the provisions of sections 382.010 to 382.300. ­­-------- (L. 1971 S.B. 101 § 27)
MO Rev Stat § 382.250 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 382 - Insurance Holding Companies|Section 382.250 - Injunction, when authorized.

Effective - 28 Aug 1971   382.250. Injunction, when authorized. — Whenever it appears to the director that any insurer or any director, officer, employee or agent thereof has committed or has threatened to commit a violation of sections 382.010 to 382.300 or of any rule, regulation, or order issued by the director pursuant to sections 382.010 to 382.300, the director may apply to the circuit court for the county in which the principal office of the insurer is located or to the circuit court for Cole County for an order enjoining the insurer or the director, officer, employee or agent thereof from violating or continuing to violate sections 382.010 to 382.300 or any such rule, regulation or order, and for such other equitable relief as the nature of the case and the interests of the insurer's policyholders, creditors, shareholders, or the public may require. ­­-------- (L. 1971 S.B. 101 § 28)
MO Rev Stat § 382.260 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 382 - Insurance Holding Companies|Section 382.260 - Illegally acquired securities, how treated — impending illegal acquisitions, injunctive relief — ownership of securities, where.

Effective - 28 Aug 1983   382.260. Illegally acquired securities, how treated — impending illegal acquisitions, injunctive relief — ownership of securities, where. — 1. No security which is the subject of any agreement or arrangement regarding acquisition, or which is acquired or to be acquired, in contravention of the provisions of sections 382.010 to 382.300 or of any rule, regulation or order issued by the director pursuant to sections 382.010 to 382.300 may be voted at any shareholders' meeting, or may be counted for quorum purposes, and any action of shareholders requiring the affirmative vote of a percentage of shares may be taken as though such securities were not issued and outstanding; but no action taken at any such meeting shall be invalidated by the voting of such securities, unless the action would materially affect control of the insurer or unless the courts of this state have so ordered. If an insurer or the director has reason to believe that any security of the insurer has been or is about to be acquired in contravention of the provisions of sections 382.010 to 382.300 or of any rule, regulation or order issued by the director pursuant to sections 382.010 to 382.300, the insurer or the director may apply to the circuit court for Cole County or to the circuit court for the county in which the insurer has its principal place of business to enjoin any offer, request, invitation, agreement or acquisition made in contravention of sections 382.010 to 382.300, or any rule, regulation, or order issued by the director under the provisions of sections 382.010 to 382.300, to enjoin the voting of any security so acquired, to void any vote of such security already cast at any meeting of shareholders, and for such other equitable relief as the nature of the case and the interests of the insurer's policyholders, creditors and shareholders or the public may require.  2. In any case where a person has acquired or is proposing to acquire any voting securities in violation of sections 382.010 to 382.300 or any rule, regulation or order issued by the director pursuant to sections 382.010 to 382.300, the circuit court for Cole County or the circuit court for the county in which the insurer has its principal place of business may on such notice as the court deems appropriate upon the application of the insurer or the director, seize or sequester any voting securities of the insurer owned directly or indirectly by such person, and may issue such orders with respect thereto as may be appropriate to effectuate the provisions of sections 382.010 to 382.300.  3. Notwithstanding any other provisions of law, for the purposes of sections 382.010 to 382.300 the situs of the ownership of the securities of domestic insurers shall be deemed to be in this state. ­­-------- (L. 1971 S.B. 101 § 29, A.L. 1983 H.B. 633 merged with S.B. 333)
MO Rev Stat § 382.265 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 382 - Insurance Holding Companies|Section 382.265 - Penalties, certain actions.

Effective - 28 Aug 1992   382.265. Penalties, certain actions. — 1. Any insurer failing, without just cause, to file any registration statement as required in this section shall be required, after notice and hearing, to pay an administrative penalty of five hundred dollars for each day's delay, to be recovered by the director, and the penalty so recovered shall be paid to the state treasurer for deposit to the general revenue fund of this state. The maximum penalty under this section is fifty thousand dollars. The director may reduce the penalty if the insurer demonstrates to the director that the imposition of the penalty would constitute a financial hardship to the insurer.  2. Every director or officer of an insurance holding company system who knowingly violates, participates in, or assents to, or who knowingly shall permit any of the officers or agents of the insurer to engage in transactions or make investments which have not been properly reported or submitted pursuant to section 382.100, 382.195, or 382.210, or which violate this section, shall pay, in their individual capacity, an administrative penalty of not more than one hundred dollars per violation, after notice and hearing before the director. In determining the amount of the administrative penalty, the director shall take into account the appropriateness of the forfeiture with respect to the gravity of the violation, the history of previous violations, and such other matters as justice may require.  3. Whenever it appears to the director that any insurer subject to sections 382.010 to 382.300 or any director, officer, employee or agent thereof has engaged in any transaction or entered into a contract which is subject to section 382.190, 382.195, 382.200 or 382.210 and which would not have been approved had such approval been requested, the director may order the insurer to cease and desist immediately any further activity under that transaction or contract. After notice and hearing the director may also order the insurer to void any such contracts and restore the status quo if such action is in the best interest of the policyholders, creditors or the public. ­­-------- (L. 1992 H.B. 1574)
MO Rev Stat § 382.270 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 382 - Insurance Holding Companies|Section 382.270 - Criminal proceedings, when and where commenced, penalty.

Effective - 28 Aug 1971   382.270. Criminal proceedings, when and where commenced, penalty. — Whenever it appears to the director that any insurer or any director, officer, employee or agent thereof has committed a willful violation of sections 382.010 to 382.300, the director may cause criminal proceedings to be instituted in the circuit court for the county in which the principal office of the insurer is located or if such insurer has no such office in the state, then by the attorney general against such insurer or the responsible director, officer, employee or agent thereof. Any insurer which is convicted of willfully violating sections 382.010 to 382.300 may be fined not more than ten thousand dollars. Any individual who is convicted of willfully violating sections 382.010 to 382.300 may be fined not more than three thousand dollars, or if such willful violation involves the deliberate perpetration of a fraud upon the director, he may be imprisoned for not more than two years or by both such fine and imprisonment. ­­-------- (L. 1971 S.B. 101 § 30)