2011 Missouri Revised Statutes
TITLE XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379 Insurance Other Than Life
Section 379.1338. Standards for risk management of controlled unaffiliated business.
Standards for risk management of controlled unaffiliated business.
379.1338. The director may promulgate rules under section 374.045 establishing standards to ensure that a parent or affiliated company is able to exercise control of the risk management function of any controlled unaffiliated business to be insured by the pure captive insurance company; provided, however, that, until such time as rules under this section are adopted, the director may approve the coverage of such risks by a pure captive insurance company.
(L. 2007 S.B. 215)
Annotation Copyright Missouri Joint Committee on Legislative Research
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