2011 Missouri Revised Statutes
TITLE XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 376 Life, Health and Accident Insurance
Section 376.270. Director may proceed against depositary companies.


MO Rev Stat § 376.270. What's This?

Director may proceed against depositary companies.

376.270. If at any time the affairs of any life insurance company which has deposited securities under section 376.170 shall, in the opinion of the director, appear in such condition as to render the issuing of additional policies and annuity bonds by such company injurious to the public interest, the director may take the same proceedings against such company as by law may be taken against other insolvent companies; and said companies shall, in all respects, be subject to the provisions of law affecting other companies.

(RSMo 1939 5825)

Prior revisions: 1929 5714; 1919 6125; 1909 6919

Annotation Copyright Missouri Joint Committee on Legislative Research

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