reglab/housing_qa huggingface dataset:
MO Rev Stat § 375.720 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 375 - Provisions Applicable to All Insurance Companies|Section 375.720 - Penalty for failure or refusal to deliver assets to director.

Effective - 01 Jan 2017, 2 histories   375.720. Penalty for failure or refusal to deliver assets to director. — 1. Whenever, by this chapter, or by any other law of this state, the director is authorized or required to take possession of any of the general assets of any insurer, it is unlawful for any person or company to knowingly neglect or refuse to deliver to the director, on order or demand of the director, any books, papers, evidences of title or debt, or any property belonging to any such insurer in its, his or their possession, or under his, its or their control.  2. 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 this section 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 this section 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 this section is a level three violation under section 374.049. The director may also suspend or revoke the license or certificate of authority of such person for any willful violation.  3. 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 this section 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 this section 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 this section is a level three violation under section 374.049.  4. Any person who knowingly engages in any act, practice, omission, or course of business in violation of this section is guilty of a class D felony. If the offender holds a license or certificate of authority under the insurance laws of this state, the court imposing sentence shall order the director to revoke such license.  5. 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.  6. Nothing in this section shall limit the power of the state to punish any person for any conduct that constitutes a crime under any other state statute. ­­-------- (RSMo 1939 § 6063, A.L. 1986 H.B. 1103, A.L. 1992 H.B. 1574, A.L. 2007 S.B. 66, A.L. 2014 S.B. 491)  Prior revisions: 1929 § 5952; 1919 § 6360; 1909 § 7090  Effective 1-01-17
MO Rev Stat § 375.740 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 375 - Provisions Applicable to All Insurance Companies|Section 375.740 - Payment of expenses of proceedings.

Effective - 28 Aug 1992   375.740. Payment of expenses of proceedings. — 1. In proceedings to enjoin, rehabilitate, dissolve, wind up or otherwise settle the affairs and dispose of the assets of insurers, the director shall receive no fees nor compensation for any services personally performed by him.  2. He shall have power and authority, however, in such cases, and through the course of the whole case, to employ the necessary legal counsel and assistance, and clerical and actuarial force. The compensation of legal counsel and assistance, and clerical and actuarial force shall be fixed and all expenses of taking possession of the property of the insurer and the administration thereof shall be approved by the director, all subject to the approval of the court, and shall be paid out of the funds or assets of the insurer; provided, however, that the salaries of those persons employed by the director under this section together with the expenses of such employment, may be paid out of amount appropriated to the department of commerce and insurance; provided, further, that the amount paid out under this section for salaries and expenses from appropriated funds shall be repaid to the state treasury from any available funds or assets of the insurer.  3. The director shall keep a full account of all receipts and disbursements, and make report of the same to the court at least once in twelve months, and oftener if required by the court, and shall be responsible on his official bond for all assets coming into his possession.  4. The court may, in its discretion, require of the director a bond in addition to his official bond.  5. This section shall apply only to proceedings instituted prior to August 28, 1991. ­­-------- (RSMo 1939 § 6065, A.L. 1971 H.B. 82, A.L. 1992 H.B. 1574)  Prior revisions: 1929 § 5954; 1919 § 6362; 1909 § 7092  (1962) In action by superintendent, as receiver for company, against company's agents to recover unearned premiums collected but not remitted to company, and agent's commissions thereon, the court did not have authority to assess superintendent's attorney fees against defendants. Clay v. Independence Mutual Insurance Co. (Mo.), 359 S.W.2d 679. (1963) Premium deposits to reciprocal for flood insurance held deductible as ordinary or necessary business expense for tax purpose. United States v. Weber Paper Company, 320 F.2d 199.
MO Rev Stat § 375.750 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 375 - Provisions Applicable to All Insurance Companies|Section 375.750 - Reports to court — payment of claims.

Effective - 28 Aug 1992   375.750. Reports to court — payment of claims. — 1. The director, when charged with the winding up of the affairs of an insolvent insurer, shall make at least twice a year to the court and oftener if the court shall so order, a full report, under oath of the condition and affairs of such insurer.  2. If it shall appear to the court from such report that, after reserving an amount sufficient to pay the probable expense of winding up the insurer, there shall remain in the hands of the director enough cash to pay at least ten percent of the allowed claims, the court may order the same to be distributed according to the rights of the claimants.  3. This section shall apply only to proceedings instituted prior to August 28, 1991. ­­-------- (RSMo 1939 § 6069, A.L. 1947 V. I p. 334, A. 1949 H.B. 2092, A.L. 1992 H.B. 1574)  Prior revisions: 1929 § 5958; 1919 § 6366; 1909 § 7096
MO Rev Stat § 375.771 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 375 - Provisions Applicable to All Insurance Companies|Section 375.771 - Citation of law.

Effective - 28 Aug 1989   375.771. Citation of law. — Sections 375.771 to 375.779 shall be referred to as the "Missouri Property and Casualty Insurance Guaranty Association Act". If any provision of sections 375.771 to 375.779 is found to be unconstitutional, the remaining provisions are to be treated as being in full force and effect. ­­-------- (L. 1989 S.B. 333)
MO Rev Stat § 375.773 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 375 - Provisions Applicable to All Insurance Companies|Section 375.773 - Accounts, types of insurance — applicability of law.

Effective - 28 Aug 2004   375.773. Accounts, types of insurance — applicability of law. — 1. For purposes of administration and assessment, the association shall be divided into four separate accounts:  (1) The workers' compensation insurance account;  (2) The automobile insurance account;  (3) The Missouri mutual and extended Missouri mutual insurance company account; and  (4) The account for all other insurance to which sections 375.771 to 375.779 apply.  2. Sections 375.771 to 375.779 shall apply to all kinds of direct insurance, but shall not be applicable to the following:  (1) Life, annuity, accident, and health or disability insurance;  (2) Mortgage guaranty, financial guaranty, or other forms of insurance offering protection against investment risk;  (3) Fidelity or surety bonds, or any other bonding obligations;  (4) Credit insurance, vendors' single-interest insurance, or collateral protection insurance, or any similar insurance protecting the interest of a creditor arising out of a creditor-debtor transaction;  (5) Insurance of warranties or service contracts, including insurance that provides for the repair, replacement, or service of goods or property, or indemnification for repair, replacement, or service for the operational or structural failure of the goods or property due to a defect in material, workmanship, or normal wear and tear, or provides reimbursement for the liability incurred by the issuers of agreements or service contracts that provide such benefits;  (6) Title insurance;  (7) Ocean marine insurance;  (8) Any transaction or combination of transactions between a person, including affiliates of such person, and an insurer, including affiliates of such insurer, which involves the transfer of investment or credit risk unaccompanied by the transfer of insurance risk;  (9) That portion of any insurance provided or guaranteed by any government; or  (10) Insurance written by a company formed and operating under sections 383.010 to 383.040. ­­-------- (L. 1989 S.B. 333, A.L. 1993 H.B. 709, A.L. 2004 S.B. 1299)
MO Rev Stat § 375.774 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 375 - Provisions Applicable to All Insurance Companies|Section 375.774 - Certificate of contribution, issued when, shown as asset by insurer, when — tax credit allowed to insurer, when — association exempt from taxes.

Effective - 28 Aug 2004   375.774. Certificate of contribution, issued when, shown as asset by insurer, when — tax credit allowed to insurer, when — association exempt from taxes. — 1. The association shall issue to each insurer paying an assessment under sections 375.771 to 375.779 a certificate of contribution, in appropriate form and terms as prescribed by the director, for the amount so paid. All outstanding certificates shall be of equal dignity and priority without reference to amounts or dates of issue.  2. A certificate of contribution may be shown by the insurer in its financial statements as an admitted asset for such amount and period of time, as follows:  (1) One hundred percent for the calendar year of issuance;  (2) Sixty-six and two-thirds percent for the first calendar year after the year of issuance;  (3) Thirty-three and one-third percent for the second year after the year of issuance which shall be the last year each such certificate shall be carried as an asset.  3. The insurer shall be entitled to a credit against the premium tax liability under sections 148.310 to 148.461 for contributions paid to the association. This tax credit shall be taken over a period of the three successive tax years beginning after the year of contribution at the rate of thirty-three and one-third percent, per year, of the contribution paid to the association, and such credit shall not be subject to subsection 1 of section 375.916.  4. Any sums recovered by the association representing sums which have theretofore been written off by contributing insurers and offset against premium taxes as provided in subsection 3 of this section shall be paid by the association to the director of revenue who shall handle such funds in the same manner as provided in section 148.380.  5. The association shall be exempt from payment of all fees and all capitation or poll and excise taxes levied by this state or any of its political subdivisions and the real and personal property of the association is hereby declared to be property actually and regularly used exclusively for purposes purely charitable and not held for private or corporate profit within the meaning of subdivision (5) of section 137.100, RSMo 1986. ­­-------- (L. 1989 S.B. 333, A.L. 1991 H.B. 385, et al., A.L. 2004 S.B. 1299)
MO Rev Stat § 375.777 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 375 - Provisions Applicable to All Insurance Companies|Section 375.777 - Director, powers and duties.

Effective - 28 Aug 2007   375.777. Director, powers and duties. — 1. The director shall:  (1) Notify the association of the existence of an insolvent insurer not later than three days after he receives notice of the determination of the insolvency;  (2) Upon request of the board of directors, provide the association with a statement of the net direct written premiums of each member insurer; and  (3) Notify the agents of the insolvent insurer of the determination of insolvency and of the insureds' rights under sections 375.771 to 375.779. Such notification shall be by first class mail at their last known address, where available, but if sufficient information for notification by mail is not available, notice by publication in a newspaper of general circulation shall be sufficient.  2. The director may require each agent of the insolvent insurer to give prompt written notice, by first class mail, at the insured's last known address, to each insured of the insolvent insurer for whom he was agent of record, provided the agent has received the notification of subsection 1 of this section.  3. It is unlawful for any member insurer to fail to pay an assessment when due or fail to comply with the plan of operation. Every day in which the member insurer fails to pay is a separate violation.  4. 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 this section 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 this section 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 this section is a level two violation under section 374.049. The director may also suspend or revoke the license or certificate of authority of such person for any willful violation.  5. 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 this section 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 this section 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 this section is a level two violation under section 374.049. ­­-------- (L. 1989 S.B. 333, A.L. 2007 S.B. 66)
MO Rev Stat § 375.779 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 375 - Provisions Applicable to All Insurance Companies|Section 375.779 - Immunity from liability, association and employees — unfair trade practice, using association protection as inducement to purchase policy.

Effective - 28 Aug 2004   375.779. Immunity from liability, association and employees — unfair trade practice, using association protection as inducement to purchase policy. — 1. There shall be no liability on the part of and no cause of action of any nature shall arise against any member insurer, the association or its agents, employees, or any servicing agent acting at the direction of the association, the board of directors or any person serving as a representative of any director, or the director of the department of commerce and insurance or the director's representatives for any action taken by them in the performance of their powers and duties under sections 375.771 to 375.779.  2. It is an unfair trade practice for any insurer or producer to make use in any manner of the protection given policyholders by sections 375.771 to 375.779 as a reason for buying insurance from such insurer or producer. If a policy exceeds the limitations of coverage under sections 375.771 to 375.779, the insurer shall prominently inscribe on an endorsement to the insurance contract the limitations of coverage provided by the guaranty association. ­­-------- (L. 1989 S.B. 333, A.L. 1991 H.B. 385, et al., A.L. 2004 S.B. 1299)
MO Rev Stat § 375.780 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 375 - Provisions Applicable to All Insurance Companies|Section 375.780 - Penalties for violation of this chapter.

Effective - 28 Aug 2007   375.780. Penalties for violation of this chapter. — 1. A person commits a crime if he or she willfully violates any of the provisions of this chapter. If not otherwise specifically provided for, the crime is a class B misdemeanor.  2. 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.  3. Nothing in this section shall limit the power of the state to punish any person for any conduct that constitutes a crime under any other state statute. ­­-------- (RSMo 1939 § 6070, A.L. 2007 S.B. 66)  Prior revisions: 1929 § 5959; 1919 § 6367; 1909 § 7097
MO Rev Stat § 375.787 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 375 - Provisions Applicable to All Insurance Companies|Section 375.787 - Complaint filed by director, when — injunction authorized.

Effective - 28 Aug 1972   375.787. Complaint filed by director, when — injunction authorized. — Whenever the director believes, from evidence satisfactory to him, that any insurance company is violating or about to violate the provisions of section 375.786, the director may cause a complaint to be filed in the circuit court of Cole County, Missouri, to enjoin and restrain such insurance company from continuing such violation or engaging therein or doing any act in furtherance thereof. The court shall have jurisdiction of the proceeding and shall have the power to make and enter an order or judgment awarding such preliminary or final injunctive relief as in its judgment is proper. ­­-------- (L. 1972 H.B. 1264 § 375.783)
MO Rev Stat § 375.789 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 375 - Provisions Applicable to All Insurance Companies|Section 375.789 - Unauthorized company instituting court action must file bond or security and procure certificate of authority, exception.

Effective - 28 Aug 1972   375.789. Unauthorized company instituting court action must file bond or security and procure certificate of authority, exception. — 1. Before any unauthorized insurance company files or causes to be filed any pleading in any court action, suit or proceeding or in any notice, order, pleading, or process in such administrative proceeding before the director instituted against such person or insurance company, by services made and provided in section 375.788, such insurance company shall either:  (1) Deposit with the clerk of the court in which such action, suit, or proceeding is pending, or with the director of the department of commerce and insurance in administrative proceedings before the director, cash or securities, or file with such clerk or director a bond with good and sufficient sureties, to be approved by the clerk or director in an amount to be fixed by the court or director sufficient to secure the payment of any final judgment which may be rendered in such action or administrative proceeding;  (2) Procure a certificate of authority to transact the business of insurance in this state. In considering the application of an insurance company for a certificate of authority, for the purposes of this paragraph the director need not assert the provisions of section 375.916 against such insurance company with respect to its application if he determines that such insurance company would otherwise comply with the requirements for such certificate of authority.  2. The director of the department of commerce and insurance, in any administrative proceeding in which service is made as provided in section 375.788, may, in his discretion, order such postponement as may be necessary to afford the defendant reasonable opportunity to comply with the provisions of this section and to defend such action.  3. Nothing in this section shall be construed to prevent an unauthorized insurance company from filing a motion to quash a writ or to set aside service thereof made in the manner provided in section 375.788 on the ground that such unauthorized insurance company has not done any of the acts enumerated in section 375.786. ­­-------- (L. 1972 H.B. 1264 § 375.787)
MO Rev Stat § 375.791 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 375 - Provisions Applicable to All Insurance Companies|Section 375.791 - Foreign insurance company admitted, when.

Effective - 28 Aug 1967   375.791. Foreign insurance company admitted, when. — 1. Upon complying with the provisions of this chapter, a foreign insurance company organized under the laws of any state of the United States other than this state or the laws of any foreign government as a stock company, mutual company, assessment life company, reciprocal, fraternal benefit society may be admitted to transact in this state the kind or kinds of business which a domestic company similarly organized may be authorized to transact under the laws of this state.  2. No insurance company shall transact any business in this state on an admitted basis without first obtaining a certificate of authority issued by the director of the department of commerce and insurance as provided for in this chapter. ­­-------- (L. 1967 p. 516)
MO Rev Stat § 375.801 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 375 - Provisions Applicable to All Insurance Companies|Section 375.801 - Renewal of certificate of authority, when — notice of refusal to renew (foreign company).

Effective - 28 Aug 1967   375.801. Renewal of certificate of authority, when — notice of refusal to renew (foreign company). — 1. The director shall renew for one year the certificate of authority of a foreign insurance company on the first day of July of the calendar year following the calendar year in which it is admitted to transact business in this state and annually thereafter, upon application by the company and upon payment of the annual taxes and fees imposed by the laws of this state, if any, provided the director is satisfied that  (1) None of the facts specified in this chapter as grounds for revoking a certificate of authority exists; and  (2) The company is complying with the conditions for admission, except for surplus requirements in excess of those which similar domestic companies transacting the same kind or kinds of business are required to maintain.  2. Except in case of nonpayment of taxes, the director shall give notice of his intention to refuse to renew the certificate of authority of a foreign company and the grounds therefor at least twenty days before the end of the term for which the existing certificate was issued, and the company shall be given an opportunity for a hearing before the end of the term. ­­-------- (L. 1967 p. 516)