reglab/statecodes huggingface dataset:
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.090 - Premium notes, how payable.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 1939
379.090. Premium notes, how payable. —
1. Every person who shall insure in such mutual company, whose premium is payable by note, shall, before he receives his policy, deposit with the company a note for such sum or sums of money as may be agreed upon for the premium, a part, not less than ten percent of which, shall be immediately paid in cash before the company shall be liable for any loss; and the remainder of said note shall be made payable at any time, and in part or the whole as the directors of said company may demand, upon an assessment to be made by them whenever they shall deem the same necessary, for the payment of losses, expenses and other liabilities of said company; said note, or such part thereof as shall remain unpaid at the expiration or termination of the policy, shall be given up to the maker of the same, provided all assessments upon such note and all liabilities of said maker to the company shall have been paid.
2. All buildings and other property, real and personal, insured by and with such company, together with all right, title and interest of the insured to the lands on which such buildings are situated, shall be pledged to such company, and the company shall have a lien thereon until the aforesaid note is fully paid; provided, that the maker of said note shall assent to such lien in writing upon the face of the same.
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(RSMo 1939 § 5920)
Prior revisions: 1929 § 5809; 1919 § 6219; 1909 § 7010
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.095 - Assessment of premium notes.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 1939
379.095. Assessment of premium notes. —
1. The board of directors of every mutual insurance company organized under the provisions of sections 379.010 to 379.160 shall have the power, as often as they shall deem it necessary in order to settle the losses insured against, and the expenses and other liabilities of the company, to make an assessment upon the premium notes given by persons effecting insurance of the company.
2. Such assessment shall be made upon each and every note held by the company at the time of the assessment, and which has been in existence for one year prior to the date of the assessment, and shall be for a sum upon each note which bears the same ratio to the whole amount to be raised by the assessment that the full sum for which such note was given bears to the full amount for which all the notes assessed were given.
3. The amount so assessed upon each note shall be due and payable within thirty days after the publication of a notice of such assessment, and after written notice of the same to the maker of such note has been deposited in the post office, postage prepaid, or delivered to him in person; and the amount of said assessment, when paid, shall in every case be endorsed upon said note at the time of the payment.
4. The publication of the above notice shall be made in some newspaper of general circulation, published in the county or city where said company shall have its principal office, and shall set forth the full aggregate amount for which all the premium notes held by the company were given, upon which the assessment is made, the amount of losses adjusted and unpaid, the amount of losses claimed but unadjusted, giving the names of claimants, the amount of expenses accrued and unpaid, and the amount of cash on hand.
5. If any person shall neglect or refuse to pay the sum so assessed upon him, for thirty days after the publication and mailing or delivery of said notices, the directors of said company may sue for and recover the whole amount of his premium note held by the company, with costs of suit.
6. No person shall, in any case, be liable upon any premium note on account of any and all claims and assessments upon the same for an amount greater than the face of such note.
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(RSMo 1939 § 5921)
Prior revisions: 1929 § 5810; 1919 § 6220; 1909 § 7011
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.098 - Securities to be deposited by all companies, kind and amount.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 1989
379.098. Securities to be deposited by all companies, kind and amount. —
No existing insurance company organized under any general or special law of this state, and transacting business of the character designated in this chapter, or any company organized under this chapter, shall commence, continue, or carry on business until the company has transferred to and deposited with the director of the department of commerce and insurance, for the security of its policyholders and creditors, bonds or treasury notes issued or guaranteed by the United States, or bonds of the state of Missouri, or in bonds issued by any school district of the state of Missouri, or bonds of any political subdivision of this state, and in all cases not to be received at a rate above their par value, nor above their current market value, in the following amounts:
(1) If a stock company, the amount of the minimum capital required of a company to write the lines of business it proposes to or is transacting;
(2) If a mutual company or reciprocal or interinsurance exchange, an amount equal to the amount required to be deposited by a stock company transacting the same kinds of business; provided, however, the deposit required for a mutual company shall not exceed the amount of its policyholders' surplus as required by law.
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(L. 1967 p. 516, A.L. 1989 S.B. 250)
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.100 - Director to receive deposits.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 1939
379.100. Director to receive deposits. —
The director of the department of commerce and insurance of the state shall receive the deposits and securities required by the provisions of sections 379.010 to 379.160 to be deposited with him, and shall furnish a certificate of such deposits to the company making the same.
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(RSMo 1939 § 5922)
Prior revisions: 1929 § 5811; 1919 § 6221; 1909 § 7012
CROSS REFERENCE:
Deposit of securities, how, where, collection of income therefrom, 375.460
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.102 - Unearned premium and loss reserves, maintained as liabilities.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 1989
379.102. Unearned premium and loss reserves, maintained as liabilities. —
Each company shall maintain as liabilities unearned premium and loss reserves.
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(L. 1989 S.B. 250)
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.112 - Provisions of policy covered.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 1974
379.112. Provisions of policy covered. —
The provisions of sections 379.110 to 379.120 shall apply to that portion of policies of automobile insurance providing bodily injury and property damage liability, comprehensive, and collision coverages and to the provisions therein, if any, relating to medical payments and uninsured motorists coverage, which takes effect subsequent to September 28, 1973.
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(L. 1973 H.B. 354 § 2, A.L. 1974 S.B. 572)
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.114 - Reasons for cancellation.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 1974
379.114. Reasons for cancellation. —
1. Except as provided in sections 379.110 to 379.120, no insurer shall exercise its right to cancel a policy except for the following reasons:
(1) Nonpayment of premium; or
(2) The driver's license of the named insured has been under suspension or revocation at any time during the policy period. Provided, however, in the event more than one person is named as insured and only one of the persons named has his driver's license suspended or revoked then such policy may not be cancelled, but the insurer may issue an exclusion providing, by name, that coverage will not be provided under the terms of the policy while such person is operating the insured vehicle during any period of suspension or revocation.
2. Renewal of a policy shall not constitute a waiver or estoppel with respect to grounds for cancellation which existed before the effective date of such renewal and which were unknown to the insurer at the time of such renewal.
3. No insurer shall cancel or refuse to write or refuse to renew a policy of automobile insurance on any person with at least two years' driving experience solely because of the age, residence, race, sex, color, creed, national origin, ancestry or lawful occupation, including the military service, of anyone who is or seeks to become insured or solely because another insurer has refused to write a policy, or has cancelled or has refused to renew an existing policy in which that person was the named insured, nor shall any insurance company or its agent or representative require any applicant, policyholder or operator to divulge in a written application or otherwise whether any insurer has cancelled or refused to renew or issue to the applicant, policyholder or operator a policy of automobile insurance; provided, however, nothing herein contained shall be construed so as to require any insurer which under its plan of operation insures a particular class of persons or customarily operates in a specific geographical territory to insure any person outside of the class or operate outside the geographical territory.
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(L. 1973 H.B. 354 § 3, A.L. 1974 S.B. 572)
(1977) This section does not prohibit a cancellation whose effective date would occur more than sixty-one days past the issuance of the policy so long as the cancellation was initiated during the initial sixty-day period. Hudson v. State Security Insurance Co. (A.), 555 S.W.2d 859.
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.116 - Refusal to insure or exclusion of named persons, when.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 1974
379.116. Refusal to insure or exclusion of named persons, when. —
Any insurer may at any time refuse to write a policy of automobile insurance or may cancel or refuse to renew such a policy if the operator's or chauffeur's license of the applicant or named insured has been suspended or revoked. If the operator's or chauffeur's license of any member of a policyholder's household has been suspended or revoked, an insurer may issue an exclusion providing, by name, that coverage will not be provided under the terms of the policy while such person is operating the insured vehicle during any period of suspension or revocation.
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(L. 1973 H.B. 354 § 4, A.L. 1974 S.B. 572)
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.120 - Explanation of refusal to write a policy, how given, contents — exemption, when.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 2021, 2 histories
379.120. Explanation of refusal to write a policy, how given, contents — exemption, when. —
1. If any insurer refuses to write a policy of automobile insurance, it shall, within thirty days after such refusal, send a written explanation of such refusal to the applicant at his last known address. Notice shall be sent by United States Postal Service certified mail, certificate of mailing, first class mail using Intelligent Mail barcode (IMb), or another mail tracking method used, approved, or accepted by the United States Postal Service. The explanation shall state:
(1) The insurer's actual reason for refusing to write the policy, the statement of reason to be sufficiently clear and specific so that a person of average intelligence can identify the basis for the insurer's decision without further inquiry. Generalized terms such as "personal habits", "living conditions", "poor morals", or "violation or accident record" shall not suffice to meet the requirements of this subdivision;
(2) That the applicant may be eligible for insurance through the assigned risk plan if other insurance is not available.
2. An insurer shall be exempt from the requirements of subsection 1 of this section if the applicant is written on a policy of automobile insurance issued by an affiliate or subsidiary within the same insurance holding company system.
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(L. 1973 H.B. 354 § 6, A.L. 1974 S.B. 572, A.L. 1992 S.B. 831, A.L. 2015 H.B. 391, A.L. 2021 H.B. 604 merged with S.B. 6)
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.121 - Definitions.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 2001
379.121. Definitions. —
As used in sections 379.121 to 379.125, the following words and terms shall mean:
(1)
"Adverse underwriting decision"
, placement by an insurer or agent of a risk with a residual market mechanism, an unauthorized insurer or an insurer which specializes in substandard risks;
(2)
"Insurer"
, any insurance company, association or exchange authorized to issue policies of automobile insurance in the state of Missouri;
(3)
"Policy"
, an automobile policy providing automobile liability coverage, uninsured motorists coverage, automobile medical payments coverage or automobile physical damage coverage insuring a private passenger automobile owned by an individual or partnership.
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(L. 2001 S.B. 151)
Transferred 2004; formerly 379.124
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.123 - Violation deemed unfair trade practice.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 2001
379.123. Violation deemed unfair trade practice. —
Violation of section 379.122
shall be unfair trade practice as defined by sections 375.930 to 375.948 and shall be subject to all of the provisions and penalties provided by such sections.
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(L. 2001 S.B. 151)
Transferred 2004; formerly 379.127
*Section number "375.126" appears in original rolls.
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.205 - Mutual companies other than life and fire insurance.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 1939
379.205. Mutual companies other than life and fire insurance. —
A number of persons, not less than twenty-five, a majority of whom shall be bona fide residents of this state, by complying with the provisions of sections 379.205 to 379.310
*
, may become together with others who may hereafter be associated with them or their successors, a body corporate for the purpose of carrying on the business of mutual insurance as herein provided.
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(RSMo 1939 § 5950)
Prior revisions: 1929 § 5839; 1919 § 6249
*Section 379.310 was repealed by S.B. 262, 1967.
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.210 - Articles of incorporation shall specify what.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 1939
379.210. Articles of incorporation shall specify what. —
Any persons proposing to form any such company shall subscribe and acknowledge articles of incorporation specifying:
(1) The name, the purpose for which formed, and the location of its principal or home office, which shall be within this state;
(2) The names and addresses of those composing the board of directors in which the management shall be vested until the first meeting of the members;
(3) The names and places of residence of the incorporators.
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(RSMo 1939 § 5951)
Prior revisions: 1929 § 5840; 1919 § 6250
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.215 - Name must contain the word "mutual".

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 1939
379.215. Name must contain the word "mutual". —
No name shall be adopted by such company which does not contain the word "mutual" or which is so similar to any name already in use by any such existing corporation, company or association, organized or doing business in the United States, as to be confusing or misleading.
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(RSMo 1939 § 5952)
Prior revisions: 1929 § 5841; 1919 § 6251
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.220 - Submitted to director — proof of publication — certificate may be issued — amendment of articles.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 1939
379.220. Submitted to director — proof of publication — certificate may be issued — amendment of articles. —
1. Such articles shall be submitted to the director of the department of commerce and insurance, herein called "director".
2. Such publication shall be made as required by section 379.030, and upon proof of publication being made and approval of said articles by the attorney general as required by section 379.040, such articles shall be recorded by the director, who shall furnish a certified copy thereof to the incorporators and shall file a certified copy thereof with the secretary of state.
3. The secretary of state shall thereupon issue to the company a certificate of incorporation, which shall be its authority to begin business.
4. Such articles may be amended in the manner provided for other corporations or as may be provided in such articles.
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(RSMo 1939 § 5953)
Prior revisions: 1929 § 5842; 1919 § 6252
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.225 - Company to have legal existence from date of certificate — insurance in force, when.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 1939
379.225. Company to have legal existence from date of certificate — insurance in force, when. —
1. The company shall have legal existence from and after date of such certificate.
2. The board of directors named in such articles may thereupon adopt bylaws, accept applications for insurance, and proceed to transact the business of such company; provided, that no insurance shall be put into force until the company has been licensed to transact insurance as provided by sections 379.205 to 379.310
*
.
3. Such bylaws and any amendments thereto shall within thirty days after adoption be filed with said director.
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(RSMo 1939 § 5954)
Prior revisions: 1929 § 5843; 1919 § 6253
*Section 379.310 was repealed by S.B. 262, 1967.
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.230 - Contracts of insurance and reinsurance.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 1939
379.230. Contracts of insurance and reinsurance. —
Any company organized under the provisions of sections 379.205 to 379.310
*
is empowered and authorized to make contracts of insurance or to reinsure or accept reinsurance on any portion thereof, to the extent specified in its articles for the kinds of insurance following:
(1) Liability insurance. Against loss, expense or liability by reason of bodily injury or death by accident, disability, sickness or disease suffered by others for which the insured may be liable or have assumed liability, including workers' compensation.
(2) Disability insurance. Against bodily injury or death by accident and disability by sickness.
(3) Automobile insurance. Against any or all loss, expense and liability resulting from the ownership, maintenance or use of any automobile or other vehicle; provided, no policies shall be issued under this subsection against the hazard of fire alone.
(4) Steam boiler insurance. Against loss or liability to persons or property resulting from explosions or accidents to boilers, containers, pipes, engines, flywheels, elevators and machinery in connection therewith and against loss of use and occupancy caused thereby and to make inspection and issue certificates of inspection thereon.
(5) Use and occupancy insurance. Against loss from interruption of trade or business or loss of rents which may be the result of any accident or casualty.
(6) Miscellaneous insurance. Against loss or damage by any hazard upon any risk not provided for in this section, which is not prohibited by statute or at common law from being the subject of insurance, excepting life insurance and fire insurance.
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(RSMo 1939 § 5955)
Prior revisions: 1929 § 5844; 1919 § 6254
*Section 379.310 was repealed by S.B. 262, 1967.
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.240 - Who may hold policies.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 1939
379.240. Who may hold policies. —
1. Any public or private corporation, board or association in this state or elsewhere may make applications, enter into agreements for and hold policies in any such mutual insurance company.
2. Any officer, stockholder, trustee or legal representative of any such corporation, board, association or estate 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.
3. The right of any corporation organized under the laws of this state to participate as a member of any such mutual insurance company is hereby declared to be incidental to the purpose for which such corporation is organized and as much granted as the rights and powers expressly conferred.
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(RSMo 1939 § 5957)
Prior revisions: 1929 § 5846; 1919 § 6256
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.245 - Voting power of members.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 1939
379.245. Voting power of members. —
Every member of the company shall be entitled to one vote, or to a number of votes based upon the insurance in force, the number of policies held, or the amount of premiums paid, as may be provided in the bylaws.
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(RSMo 1939 § 5958)
Prior revisions: 1929 § 5847; 1919 § 6257
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.250 - Premiums.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 1939
379.250. Premiums. —
1. The maximum premium payable by any member shall be expressed in the policy or in the application for the insurance.
2. Such maximum premium may be a cash premium and an additional contingent premium not less than the cash premium, or may be solely a cash premium.
3. No policy shall be issued for a cash premium without an additional contingent premium unless the company has a surplus of at least one hundred thousand dollars or a surplus which is not less in amount than the capital stock required of domestic stock insurance companies transacting the same kinds of insurance.
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(RSMo 1939 § 5959)
Prior revisions: 1929 § 5848; 1919 § 6258
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.255 - Assets, how invested.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 1939
379.255. Assets, how invested. —
No such company shall invest any of its assets except in accordance with the laws of this state relating to the investment of the assets of domestic stock companies transacting the same kinds of insurance.
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(RSMo 1939 § 5960)
Prior revisions: 1929 § 5849; 1919 § 6259
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.257 - Deposit of securities required of mutual companies other than life and fire.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 1967
379.257. Deposit of securities required of mutual companies other than life and fire. —
Any company organized or doing business under sections 379.205 to 379.310
*
shall comply with the provisions of section 379.098.
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(L. 1967 p. 516)
*Section 379.310 was repealed by S.B. 262, 1967.
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.260 - Reserves.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 1939
379.260. Reserves. —
Such company shall maintain unearned premium and other reserves separately for each kind of insurance, upon the same basis as that required of domestic stock insurance companies transacting the same kind of insurance; provided, that any reserve for losses or claims based upon the premium income shall be computed upon the net premium income after deducting any so-called dividend or premium returned or credited to the member.
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(RSMo 1939 § 5961)
Prior revisions: 1929 § 5850; 1919 § 6260
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.263 - Mutual companies other than life and fire to file statement of affairs, when.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 1967
379.263. Mutual companies other than life and fire to file statement of affairs, when. —
Any company organized under the provisions of sections 379.205 to 379.310
*
shall on the first day of January of each year or within sixty days thereafter, file with the director of the department of commerce and insurance a statement of its affairs in the same manner and form as provided in section 379.105.
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(L. 1967 p. 516)
*Section 379.310 was repealed by S.B. 262, 1967.
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.265 - Assessments to meet reserve deficiencies.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 1939
379.265. Assessments to meet reserve deficiencies. —
Such company not possessed of assets at least equal to the unearned premium reserve and other liabilities shall make an assessment upon its members liable to assessment to provide for such deficiency, such assessment to be against each such member in proportion to such liability as expressed in his policy; provided, the director may, by written order, relieve the company from an assessment or other proceedings to restore such assets during the time fixed in such order; and provided, that any domestic company which shall be deficient in providing the unearned premium reserve required hereby may, notwithstanding such deficiency, come under this law on the condition that it shall each year thereafter reduce such deficiency at least fifteen percent of the original amount thereof, and in such case it may increase its assessments accordingly.
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(RSMo 1939 § 5962)
Prior revisions: 1929 § 5851; 1919 § 6261
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.270 - Director may advance money.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 1939
379.270. Director may advance money. —
1. Any director, officer or member of any such company, or any other person, may advance to such company any sum or sums of money necessary for the purpose of its business or to enable it to comply with any of the requirements of the law, and such moneys and such interest thereon as may have been agreed upon, not exceeding ten percent per annum, shall be payable only out of the surplus remaining after providing for all reserves and other liabilities, and shall not otherwise be a liability or claim against the company or any of its assets.
2. No commission or promotion expenses shall be paid in connection with the advance of any such money to the company, and the amount of such advance shall be reported in each annual statement.
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(RSMo 1939 § 5963)
Prior revisions: 1929 § 5852; 1919 § 6262
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.275 - Policies need not be countersigned — conditions.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 1939
379.275. Policies need not be countersigned — conditions. —
1. Any law requiring that policies be countersigned and delivered through a resident agent shall not apply to any policy of such mutual company on which no commission shall be paid to any local agent.
2. Such mutual company may insert in any form of policy prescribed by the law of this state any provisions or conditions required by its plan of insurance which are not inconsistent or in conflict with any law of this state.
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(RSMo 1939 § 5964)
Prior revisions: 1929 § 5853; 1919 § 6263
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.290 - Tax to be paid upon premiums.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 1945
379.290. Tax to be paid upon premiums. —
Every mutual insurance company or association admitted to Missouri under the provisions of sections 379.205 to 379.310
*
shall annually pay to the director of revenue a tax upon the direct premiums received, whether in cash or in notes, in this state, for the insurance of property or risks in this state at the rate of two percent per annum; provided, that such companies or associations shall be credited with cancelled or return premiums actually paid during the year in this state.
­­--------
(RSMo 1939 § 5968, A.L. 1941 p. 399, A.L. 1945 p. 1021)
Prior revisions: 1929 § 5857; 1919 § 6267
*Section 379.310 was repealed by S.B. 262, 1967.
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.295 - Returns and assessment to be made by director — collection and disposition of tax by the director of revenue.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 1945
379.295. Returns and assessment to be made by director — collection and disposition of tax by the director of revenue. —
1. Every such company or association shall, on or before the first day of March in each year, make a return, verified by the affidavit of its president and secretary or other chief officers, to the director of the department of commerce and insurance, in the form prescribed by him, stating the amount of all gross direct premiums received, whether in cash, notes, credits or any other substitute for money, on contracts covering property, or risks located or resident in this state, during the year ending on the thirty-first day of December next preceding, and all credits to which such company or association shall be entitled under the provisions of section 379.290.
2. Upon receipt of such returns, the director of the department of commerce and insurance shall verify the same and assess the tax upon various companies on the basis and at the rate provided in section 379.290, and make a schedule thereof, duplicate copies of which, properly certified by said director, shall be filed in the office of the director of revenue on or before the first day of April in each year.
3. Immediately thereafter the director of revenue shall notify the companies of the amount of taxes respectively due from them, and such taxes shall be paid to the director of revenue on or before the first day of May next ensuing.
4. If not so paid, the director of revenue shall certify such fact to the director of the department of commerce and insurance, who shall thereafter suspend such delinquent company or companies from the further transaction of business in this state until such taxes shall be paid.
5. Upon receiving said money, the director of revenue shall deposit it in the state treasury and the state treasurer shall receipt one-half thereof into the general revenue fund of the state, and he shall place the remainder of said tax to the credit of the county foreign insurance tax fund.
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(L. 1941 p. 399 § 5968a, A.L. 1945 p. 1021)
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.300 - Failure to make return — director to proceed.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 1945
379.300. Failure to make return — director to proceed. —
If any company or association shall fail or refuse to make the return required by sections 379.205 to 379.310
*
, the said director shall assess the tax against said company or association at the rate herein provided for on such amount of premiums as he shall deem just and the proceedings thereon shall be the same as if the return had been made.
­­--------
(L. 1941 p. 399 § 5968b, A.L. 1945 p. 1021)
*Section 379.310 was repealed by S.B. 262, 1967.
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.316 - Scope of act (section 379.017 and sections 379.316 to 379.361).

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 2023, 2 histories
379.316. Scope of act (section 379.017 and sections 379.316 to 379.361). —
1. Section 379.017 and sections 379.316 to 379.361 apply to insurance companies incorporated pursuant to sections 379.035 to 379.355
*
, section 379.080, sections 379.060 to 379.075, sections 379.085 to 379.095, sections 379.205 to 379.310
**
, and to insurance companies of a similar type incorporated pursuant to the laws of any other state of the United States, and alien insurers licensed to do business in this state, which transact fire and allied lines, marine and inland marine insurance, to any and all combinations of the foregoing or parts thereof, and to the combination of fire insurance with other types of insurance within one policy form at a single premium, on risks or operations in this state, except:
(1) Reinsurance, other than joint reinsurance to the extent stated in section 379.331;
(2) Insurance of vessels or craft, their cargoes, marine builders' risks, marine protection and indemnity, or other risks commonly insured pursuant to marine, as distinguished from inland marine, insurance policies;
(3) Insurance against loss of or damage to aircraft, or against liability, other than employers' liability, arising out of the ownership, maintenance, or use of aircraft;
(4) All forms of motor vehicle insurance; and
(5) All forms of life, accident and health, and workers' compensation insurance.
2. Inland marine insurance shall be deemed to include insurance now or hereafter defined by statute, or by interpretation thereof, or if not so defined or interpreted, by ruling of the director, or as established by general custom of the business, as inland marine insurance.
3. Commercial property and commercial casualty insurance policies are subject to rate and form filing requirements as provided in section 379.321.
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(L. 1972 S.B. 547 § 2, A.L. 1999 S.B. 386, A.L. 2001 S.B. 186, A.L. 2023 S.B. 101)
*Section 379.355 was repealed by S.B. 547, 1972.
**Section 379.310 was repealed by S.B. 262, 1967.
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.326 - Deviation, how filed, effective when — open to public inspection.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 1972
379.326. Deviation, how filed, effective when — open to public inspection. —
1. Any member or subscriber to a rating organization may file with the director a deviation from the rates, rating schedules, rating plans, rating systems or rules respecting any kind of insurance, division, subdivision, classification, or any part or combination of any of the foregoing. Such a filing shall specify the nature and extent of the deviation.
2. Such deviation shall become effective upon the date of filing by delivery or upon date of mailing by registered mail to the director. It shall be in effect until terminated by the filer giving notice to the director of the termination of the deviation. A change in the rates, rating schedules, rating plans, rating systems or rules to which the deviation applies shall not terminate the deviation without the consent of the insurer to which the deviation applies. Any such deviation may be terminated by the director after notice and hearings as provided in section 379.323.
3. A deviation filing shall be open to public inspection as soon as stamped "filed" within
*
a reasonable time after receipt by the director and copies may be had by any person on request and upon the payment of a reasonable charge therefor.
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(L. 1972 S.B. 547 § 6)
*Word "with" appears in original rolls.
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.328 - Advisory organization defined — required filings — hearings on activities, discontinuance orders.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 1972
379.328. Advisory organization defined — required filings — hearings on activities, discontinuance orders. —
1. Every group, association or other organization of insurers, whether located within or outside this state, which assists insurers which make their own filings or rating organizations in ratemaking, by the collection and furnishing of loss or expense statistics, or by the submission or recommendations, but which does not make filings under section 379.017 and sections 379.316 to 379.361, shall be known as an
"advisory organization"
.
2. Every advisory organization shall file with the director
(1) A copy of its constitution, its articles of agreement or association or its certificate of incorporation and of its bylaws, rules and regulations governing its activities,
(2) A list of its members,
(3) The name and address of a resident of this state upon whom notices or orders of the director or process issued at his direction may be served, and
(4) An agreement that the director may examine such advisory organization in accordance with the provisions of section 379.343.
3. If, after a hearing, the director finds that the furnishing of such information or assistance involves any act or practice which is unfair or unreasonable or otherwise inconsistent with the provisions of section 379.017 and sections 379.316 to 379.361, he may issue a written order specifying in what respect such act or practice is unfair or unreasonable or otherwise inconsistent with the provisions of section 379.017 and sections 379.316 to 379.361, and requiring the discontinuance of such act or practice.
4. No insurer which makes its own filings nor any rating organization shall support its filings by statistics or adopt ratemaking recommendations furnished to it by an advisory organization which has not complied with this section or with an order of the director involving such statistics or recommendations issued under subsection 3. If the director finds such insurer or rating organization to be in violation of this subsection, he may issue an order requiring the discontinuance of the violation.
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(L. 1972 S.B. 547 § 7)
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.331 - Joint underwriting regulated — hearings, discontinuance order, when.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 1972
379.331. Joint underwriting regulated — hearings, discontinuance order, when. —
1. Every group, association or other organization of insurers which engages in joint underwriting or joint reinsurance shall be subject to regulation with respect thereto as herein provided, subject, however, with respect to joint underwriting, to all other provisions of section 379.017 and sections 379.316 to 379.361 and, with respect to joint reinsurance, to section 379.343.
2. If, after a hearing, the director finds that any activity or practice of any such group, association or other organization is unfair or unreasonable or otherwise inconsistent with the provisions of section 379.017 and sections 379.316 to 379.361, he may issue a written order specifying in what respects such activity or practice is unfair or unreasonable or otherwise inconsistent with the provisions of section 379.017 and sections 379.316 to 379.361, and requiring the discontinuance of such activity or practice.
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(L. 1972 S.B. 547 § 8)
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.333 - Insurers may act in concert to make rates.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 1972
379.333. Insurers may act in concert to make rates. —
Subject to and in compliance with the provisions of section 379.017 and sections 379.316 to 379.361 authorizing insurers to be members or subscribers of rating or advisory organizations or to engage in joint underwriting or joint reinsurance, two or more insurers may act in concert with each other and with others with respect to any matters pertaining to the making of rates or rating systems, the preparation or making of insurance policy forms, underwriting rules, surveys, inspections and investigations, the furnishing of loss or expense statistics or other information and data, or carrying on of research.
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(L. 1972 S.B. 547 § 9)
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.336 - Insurers with common management may act in concert to make rates.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 1972
379.336. Insurers with common management may act in concert to make rates. —
With respect to any matters pertaining to the making of rates or rating systems, the preparation or making of insurance policy forms, underwriting rules, surveys, inspections and investigation, the furnishing of loss or expense statistics or other information and data, or carrying on of research, two or more admitted insurers having a common ownership or operating in this state under common management or control, are hereby authorized to act in concert between or among themselves the same as if they constituted a single insurer.
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(L. 1972 S.B. 547 § 10)
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.338 - Agreement to adhere prohibited, exception.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 1972
379.338. Agreement to adhere prohibited, exception. —
Members and subscribers of rating or advisory organizations may use the rates, rating systems, underwriting rules or policy forms of such organizations, either consistently or intermittently, but, except as provided in sections 379.331 and 379.336, shall not agree with each other or rating organizations or others to adhere thereto. The fact that two or more admitted insurers, whether or not members or subscribers of a rating or advisory organization, use either consistently or intermittently, the rates or rating systems made or adopted by a rating organization, or the underwriting rules or policy forms prepared by a rating or advisory organization, shall not be sufficient in itself to support a finding that an agreement to so adhere exists, and may be used only for the purpose of supplementing or explaining direct evidence of the existence of any such agreement.
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(L. 1972 S.B. 547 § 11)
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.341 - Exchange of information approved.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 1972
379.341. Exchange of information approved. —
Licensed rating organizations and admitted insurers are authorized to exchange information and experience data with rating organizations and insurers in this and other states and may consult with them with respect to ratemaking and the application of rating systems.
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(L. 1972 S.B. 547 § 12)
2023 Missouri Revised Statutes › Title XXIV - Business and Financial Institutions › Chapter 379 - Insurance Other Than Life › Section 379.343 - Examinations by director, when, how conducted, cost how paid.

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379
• Effective - 28 Aug 1972
379.343. Examinations by director, when, how conducted, cost how paid. —
1. The director of the department of commerce and insurance may, at any time he may deem it advisable, examine any insurer writing any class of insurance which is subject to the provisions of section 379.017 and sections 379.316 to 379.361, any rating organization licensed under the provisions of section 379.323, any advisory organization referred to in section 379.326, and every group, association, or other organization referred to in section 379.328, and he shall at least once every four years make or cause to be made such examination.
2. The examination of an insurer may be made during the course of an examination pursuant to provisions of other laws of this state.
3. During the course of any examination provided for in this section the officers, managers, agents and employees of the insurer, rating organization, advisory organization, or group, association or other organization may be examined under oath and shall exhibit all books, records, accounts, documents, or agreements governing its method of operation as may be requested by the director.
4. The reasonable cost of any examination provided for in this section shall be paid by the insurer, rating organization, advisory organization or group, association, or other organization undergoing such examination.
5. No report of examination shall be made public until the organization examined has an opportunity to review the proposed report and to file its comments with reference thereto, after which the report and its comments shall be filed for public inspection and become admissible in evidence as a public record.
6. The director may accept the report of an examination made by the insurance supervisory official of another state in lieu of any examination provided for in this section.
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(L. 1972 S.B. 547 § 13)