reglab/housing_qa huggingface dataset:
MO Rev Stat § 371.240 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 371 - Development Finance Corporations|Section 371.240 - Dissolution, when authorized — procedure.

Effective - 28 Aug 2011   371.240. Dissolution, when authorized — procedure. — 1. Any corporation organized under this chapter, after the payment in full and cancellation of all its bonds and other obligations issued under the provisions of this chapter, or after the deposit in trust with the respective trustees designated in any deeds of trust given to secure the payment of any such obligation of a sum of money sufficient for the purpose, may dissolve by the vote of a majority of the stockholders at any regular meeting or at a special meeting called for that purpose.  2. A certificate of dissolution shall be signed by the president or vice president and attested by the secretary, certifying to the dissolution and that they have been authorized by lawful action of the stockholders to execute and file such certificate. The certificate of dissolution shall be executed, acknowledged and filed with the director of finance and, when approved by the state banking and savings and loan board, shall be recorded in the same manner as the original articles of incorporation. When the director has endorsed the approval of the state banking and savings and loan board on the certificate of dissolution the corporation is deemed to be dissolved.  3. The corporation shall, however, continue for the purpose of paying, satisfying and discharging any other existing liabilities or obligations and for collecting or liquidating its assets, and doing all other acts required to adjust and wind up its business and affairs, and may sue and be sued in its corporate name.  4. Any assets remaining after all liabilities and obligations have been satisfied shall be distributed pro rata among the stockholders of the corporation. ­­-------- (L. 1961 p. 157 § 23, A.L. 1963 p. 478, A.L. 2011 H.B. 464)
MO Rev Stat § 371.250 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 371 - Development Finance Corporations|Section 371.250 - Corporations and banks may own stock or securities of company, securities exempt.

Effective - 28 Aug 1978   371.250. Corporations and banks may own stock or securities of company, securities exempt. — Notwithstanding any rule at common law or any provision of any law or any provision in their respective charters, agreements of association, articles of organization, certificates of incorporation, or trust indentures:  (1) All domestic corporations organized for the purpose of carrying on business within this state, including, without implied limitation, any railroad or transportation corporation, and all trusts, are authorized to acquire, purchase, hold, sell, assign, transfer, mortgage, pledge or otherwise dispose of any bonds, securities, or other evidences of indebtedness created by, or the shares of the capital stock of any corporation established by this chapter and, while owners of said stock, to exercise all the rights, powers and privileges of ownership, including the right to vote thereon, all without the approval of any regulatory authority of this state;  (2) All banking organizations are hereby authorized to become members of any corporation established by this chapter and to make loans to any such corporation as provided herein;  (3) A banking organization which does not become a member of a corporation established by this chapter shall not acquire any shares of the capital stock of such corporation;  (4) Each banking organization which becomes a member of a corporation established by this chapter is authorized to acquire, purchase, hold, sell, assign, transfer, mortgage, pledge, or otherwise dispose of any bonds, securities or other evidences of indebtedness issued by such corporation or the shares of its capital stock and while owners of said stock to exercise all the rights, powers and privileges of ownership, including the right to vote thereon, all without the approval of any regulatory authority of this state; except that the amount of capital stock of such corporation which may be acquired by any member pursuant to the authority granted herein shall not exceed ten percent of the loan limit of such member as provided by law. The amount of capital stock of such corporation which any member is authorized to acquire pursuant to the authority granted herein shall be in addition to the amount of capital stock in corporations which such member may otherwise be authorized to acquire;  (5) The bonds, securities or other evidences of indebtedness, and shares of capital stock of a corporation established pursuant to this chapter shall be exempt from the provisions of chapter 409 and all rules promulgated thereunder. ­­-------- (L. 1961 p. 157 § 24, A.L. 1963 p. 478, A.L. 1978 S.B. 657)
MO Rev Stat § 374.005 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 374 - Department of Commerce and Insurance|Section 374.005 - Department created, duties — definitions.

Effective - 28 Aug 2008   374.005. Department created, duties — definitions. — 1. The department of insurance created by Section 36(b) of Article IV of the Missouri Constitution shall operate under the name "Department of Commerce and Insurance". Under the authority of the Omnibus State Reorganization Act of 1974 and executive order 06-04, the department shall administer and enforce the laws assigned to the department.  2. Unless otherwise clearly indicated by the context, the following words, as used in this chapter, mean:  (1) "Department", the department of commerce and insurance; and  (2) "Director", the director of the department of commerce and insurance.  3. Wherever the laws, rules, or regulations of this state make reference to the "department of insurance" or the "department of commerce and insurance", such references shall be deemed to refer to the department created by Section 36(b) of Article IV of the Missouri Constitution and this chapter. ­­-------- (L. 2008 S.B. 788)
MO Rev Stat § 374.007 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 374 - Department of Commerce and Insurance|Section 374.007 - Statutory reference changes authorized.

Effective - 28 Aug 2008   374.007. Statutory reference changes authorized. — 1. The revisor of statutes shall change all references in the revised statutes of Missouri from "department of insurance", "insurance department" or "department of insurance, financial and professional regulation" to "department of insurance, financial institutions and professional registration".  2. The revisor of statutes shall change all references in the revised statutes of Missouri from "director of insurance" or "commissioner of insurance" to "director of the department of insurance, financial institutions and professional registration". ­­-------- (L. 2008 S.B. 788)
MO Rev Stat § 374.010 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 374 - Department of Commerce and Insurance|Section 374.010 - Department — general powers.

Effective - 28 Aug 1990   374.010. Department — general powers. — The department of commerce and insurance shall be charged with the execution of all laws now in force, or which may be hereafter enacted, in relation to insurance and insurance companies doing business in this state, and such other duties as are provided for by law. ­­-------- (RSMo 1939 § 5780, A.L. 1990 H.B. 1739)  Prior revisions: 1929 § 5670; 1919 § 6082; 1909 § 6877
MO Rev Stat § 374.015 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 374 - Department of Commerce and Insurance|Section 374.015 - Issuance of bulletins by director — definitions — bulleting not to have force and effect of law and are not binding.

Effective - 28 Aug 2015   374.015. Issuance of bulletins by director — definitions — bulleting not to have force and effect of law and are not binding. — 1. For purposes of this section, "insurer" shall mean any person, reciprocal exchange, interinsurer, Lloyds insurer, fraternal benefit society, and any other legal entity engaged in the business of insurance including producers, adjusters and third-party administrators, health services corporations, health maintenance organizations, health carriers, prepaid limited health care service plans, dental, optometric, and other similar health service plans. "Insurer" shall also include all companies organized, incorporated, or doing business under the provisions of chapters 325, 354, and 374 to 385.  2. For purposes of this section, "bulletin" shall mean an informal written communication to inform or educate the insurance industry and the general public about a regulatory topic or issue. A bulletin is informational in nature and is not an evaluation of specific facts and circumstances.  3. Notwithstanding any law to the contrary, the director may at his or her discretion issue bulletins addressing the business of insurance in this state.  4. Bulletins do not have the force or effect of law and shall not be considered statements of general applicability that would require promulgation by rule.  5. Such bulletins shall not be binding on the department or an insurer. The director may revise or withdraw any previously issued bulletin; however such revision or withdrawal shall be prospective in nature. The effective date for such bulletin which was withdrawn or revised shall be ninety days after the date the revision or withdrawal notice is published and, where applicable, shall apply to new policies issued and policies that renew on or after that date. ­­-------- (L. 2015 H.B. 709)
MO Rev Stat § 374.020 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 374 - Department of Commerce and Insurance|Section 374.020 - Director — qualifications — appointment.

Effective - 28 Aug 1949   374.020. Director — qualifications — appointment. — 1. The chief officer of said department shall be designated as the director of the department of commerce and insurance. He shall be a citizen of this state, and experienced in matters of insurance, and be appointed by the governor, by and with the advice and consent of the senate, and shall hold his office concurrently with that of the governor and until his successor is appointed and qualified, and shall be subject to removal from office by the governor at his pleasure.  2. If a vacancy shall at any time occur, the same shall be filled by the governor, by appointment, subject to the confirmation of the senate, if in session; if not, then at its next session.  3. It shall not be lawful for the director or his deputy to hold any position as officer, agent or employee of any insurance or assurance company, nor shall he otherwise be directly or indirectly interested in any insurance company, except as a policyholder. ­­-------- (RSMo 1939 § 5781, A.L. 1949 p. 300)  Prior revisions: 1929 § 5671; 1919 § 6083; 1909 § 6878
MO Rev Stat § 374.030 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 374 - Department of Commerce and Insurance|Section 374.030 - Director — oath — bond.

Effective - 28 Aug 1967   374.030. Director — oath — bond. — Within twenty days after receiving his commission, and before entering upon the duties of his office, the director shall take the oath of office prescribed by the constitution of this state, and shall give a bond with a corporate surety or five or more good and sufficient sureties to the state of Missouri in the sum of two hundred fifty thousand dollars to be approved by the governor and attorney general, conditioned for the faithful discharge of his duty, which oath and bond shall be filed in the office of the secretary of state. ­­-------- (RSMo 1939 § 5782, A. 1949 H.B. 2115, A.L. 1967 p. 516)  Prior revisions: 1929 § 5672; 1919 § 6084; 1909 § 6879
MO Rev Stat § 374.040 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 374 - Department of Commerce and Insurance|Section 374.040 - Director — duties — administrative hearing commission law not applicable.

Effective - 28 Aug 1967   374.040. Director — duties — administrative hearing commission law not applicable. — 1. It shall be the duty of the director of the department of commerce and insurance to file in his office and safely keep all books and papers required by law to be filed therein, to issue certificates of authority to transact insurance business in this state to any companies who have fully complied with the laws of this state, and to issue such other certificates as are required by the laws of this state in the organization of insurance companies and the transaction of the business of insurance, and generally to do and perform with justice and impartiality all such duties as are or may be imposed upon him by the laws regulating the business of insurance in this state and to perform those duties imposed upon him in such a manner as to be in the best interests of and protect the general public, policyholders, insurance companies, and the officers, directors and stockholders thereof; and every director shall, upon retiring from office, deliver to his qualified successor the possession of his office, and all furniture, papers and property belonging to the same.  2. Notwithstanding the provisions of sections 621.015 to 621.198, whenever the director of the department of commerce and insurance undertakes to issue, refuse, revoke or suspend the license or certificate of authority of an insurance company, fraternal benefit society, or reciprocal or interinsurance exchange, he shall proceed in accordance with the insurance laws of this state. ­­-------- (RSMo 1939 § 5790, A.L. 1967 p. 516)  Prior revisions: 1929 § 5680; 1919 § 6091; 1909 § 6885  CROSS REFERENCE:  Administrative hearing required on policy disapproval, 375.920  (1974) Disapproval of policy containing a "termination premium" was within power of director of insurance and termination penalty to be paid if insured cancelled within ten years discriminated against cancelling policyholder as opposed to policyholder who died within the same period. Survivor's Benefit Insurance Co. v. Farmer (Mo.), 514 S.W.2d 565.
MO Rev Stat § 374.045 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 374 - Department of Commerce and Insurance|Section 374.045 - Director authorized to make rules and regulations, procedure, this chapter.

Effective - 28 Aug 2008   374.045. Director authorized to make rules and regulations, procedure, this chapter. — 1. The director shall have the full power and authority to make all reasonable rules and regulations to accomplish the following purposes:  (1) To regulate the internal affairs of the department of commerce and insurance;  (2) To prescribe forms and procedures to be followed in proceedings before the department of commerce and insurance; and  (3) To effectuate or aid in the interpretation of any law of this state in this chapter, chapter 354, chapters 375 to 385, or as otherwise authorized by law.  2. The director may from time to time withdraw or amend any rule or regulation in this chapter, chapter 354, chapters 375 to 385, or as otherwise authorized by law.  3. No rule or regulation shall conflict with any law of this state. 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.  4. At least fifteen days prior to the adoption of any rule or regulation, or any amendment thereof, to be issued under the provisions of subdivision (3) of subsection 1, the director shall give notice of a hearing on the proposed action. The notice shall be mailed to all persons who have made timely requests of the director for advance notice of its rulemaking proceedings. The notice shall contain a statement of the terms or the substance of the proposed rule or regulation. In addition, the notice shall give the time and place where a hearing on the proposed rule or regulation will be held and the manner in which interested parties may present their views thereon. On the date of the hearing, all interested parties shall be given reasonable opportunity to present their views or arguments in writing or orally. The failure of any person to receive any notice of a hearing on any proposed rule or regulation shall not invalidate any rule or regulation subsequently adopted.  5. The willful violation of any rule or regulation shall subject the person violating it to such penalty as may be applicable and which the director has within his power to impose under the laws of this state relating to the business of insurance for violation of the law to which the rule or regulation relates.  6. Upon request and payment of the reasonable cost thereof, if required and fixed by the director, the director shall furnish a copy of any rule, regulation, or order to any person so requesting. ­­-------- (L. 1967 p. 516, A.L. 1993 S.B. 52, A.L. 1995 S.B. 3, A.L. 2008 S.B. 788)
MO Rev Stat § 374.047 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 374 - Department of Commerce and Insurance|Section 374.047 - Willful violation of state law, order — notice.

Effective - 28 Aug 2006   374.047. Willful violation of state law, order — notice. — 1. If the director determines, based on substantial and competent evidence, that a corporation or insurer with a certificate of authority under the laws relating to insurance willfully has engaged in an act, practice, omission, or course of business constituting a level three, four, or five violation of the laws of this state relating to insurance in this chapter, chapter 354 and chapters 375 to 385, or been convicted of any felony or misdemeanor under any state or federal law, the director may, after hearing, issue an order suspending or revoking the certificate of authority.  2. Prior to issuance of the order under this section, the director shall give at least thirty days' notice with a statement of reasons for the action and afford such corporation or insurer the opportunity for a hearing upon written request. If such corporation or insurer requests a hearing in writing, a final order of suspension or revocation may not be issued unless the director makes findings of fact and conclusions of law in a record in accordance with the contested case provisions of chapter 536 and procedural rules promulgated by the director.  3. The enforcement authority of the director under this section is cumulative to any other statutory authority of the director. ­­-------- (L. 2006 H.B. 1837)
MO Rev Stat § 374.050 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 374 - Department of Commerce and Insurance|Section 374.050 - Seal of office — effect.

Effective - 28 Aug 1939   374.050. Seal of office — effect. — 1. The seal now used by said department shall be the seal of the office of the director of the department of commerce and insurance, and the same may be renewed whenever necessary.  2. Every certificate or other paper executed by said director in pursuance of any authority conferred on him by law, and sealed with his seal of office, and all copies of papers in the office of said director, certified by him and authenticated by said seal, shall, in all cases, be evidence equally and in like manner as the originals, and shall have the same force and effect as the originals thereof would, in any suit or proceeding in any court of this state. ­­-------- (RSMo 1939 § 5787)  Prior revisions: 1929 § 5677; 1919 § 6088; 1909 § 6882
MO Rev Stat § 374.051 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 374 - Department of Commerce and Insurance|Section 374.051 - Refusal of license and nonrenewal, applicant may appeal, procedure.

Effective - 28 Aug 2007   374.051. Refusal of license and nonrenewal, applicant may appeal, procedure. — 1. Any applicant refused a license or the renewal of a license by order of the director under sections 374.755, 374.787, and 375.141 may file a petition with the administrative hearing commission alleging that the director has refused the license. The administrative hearing commission shall conduct hearings and make findings of fact and conclusions of law in determining whether the applicant may be disqualified by statute. Notwithstanding section 621.120, the director shall retain discretion in refusing a license or renewal and such discretion shall not transfer to the administrative hearing commission.  2. If a proceeding is instituted to revoke or suspend a license of any person under sections 374.755, 374.787, and 375.141, the director shall refer the matter to the administrative hearing commission by directing the filing of a complaint. The administrative hearing commission shall conduct hearings and make findings of fact and conclusions of law in such cases. The director shall have the burden of proving cause for discipline. If cause is found, the administrative hearing commission shall submit its findings of fact and conclusions of law to the director, who may determine appropriate discipline.  3. Hearing procedures before the director or the administrative hearing commission and judicial review of the decisions and orders of the director and of the administrative hearing commission, and all other procedural matters under this chapter, shall be governed by the provisions of chapter 536. Hearings before the administrative hearing commission shall also be governed by the provisions of chapter 621. ­­-------- (L. 2007 S.B. 66)
MO Rev Stat § 374.055 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 374 - Department of Commerce and Insurance|Section 374.055 - Grievance procedure.

Effective - 28 Aug 2007   374.055. Grievance procedure. — 1. Except as otherwise provided, any interested person aggrieved by any order of the director under the laws of this state relating to insurance in this chapter, chapter 354, and chapters 375 to 385, or a rule adopted by the director, or by any refusal or failure of the director to make an order pursuant to any of said provisions, shall be entitled to a hearing before the director in accordance with the provisions of chapter 536. A final order issued by the director is subject to judicial review in accordance with the provisions of chapter 536. However, any findings of fact or conclusions of law in any order regarding the actual costs of the investigation or proceedings under section 374.046, or the classification of any violation under section 374.049, shall be subject to de novo review.  2. A rule adopted by the director is subject to judicial review in accordance with the provisions of chapter 536.  3. Notwithstanding any other provision of law to the contrary, no person or entity shall impose an accident response service fee on or from an insurance company, the driver or owner of a motor vehicle, or any other person. As used in this section, the term "accident response service fee" means a fee imposed for the response or investigation by a local law enforcement agency of a motor vehicle accident. ­­-------- (L. 2007 S.B. 66)