2011 Missouri Revised Statutes
TITLE XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 375 Provisions Applicable to All Insurance Companies
Section 375.183. Director to investigate incorporators, directors and proposed officers, approval withheld, when.


MO Rev Stat § 375.183. What's This?

Director to investigate incorporators, directors and proposed officers, approval withheld, when.

375.183. The director shall not approve any declaration of organization or articles of incorporation or issue a certificate of authority to any company until he has found that there is no good reason to believe that the incorporators, directors and proposed officers are affiliated, directly or indirectly, through ownership, control, management, reinsurance transactions or other insurance or business relations with any person or persons known to have been involved in the improper manipulation of assets, accounts or reinsurance.

(L. 1967 p. 516)

Annotation Copyright Missouri Joint Committee on Legislative Research

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