2011 Missouri Revised Statutes
TITLE XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 379 Insurance Other Than Life
Section 379.690. Statement of condition and affairs may be required by director--restriction on liability of members.


MO Rev Stat § 379.690. What's This?

Statement of condition and affairs may be required by director--restriction on liability of members.

379.690. There shall be filed with the director of the department of insurance, financial institutions and professional registration of this state, by the attorney, a statement under the oath of the attorney, showing in the case of fire insurance, the maximum amount of indemnity upon any single risk, and the attorney shall, whenever and as often as the same shall be required, file with the director of the department of insurance, financial institutions and professional registration a statement verified by his oath to the effect that he has examined the commercial rating of the subscribers as shown by the reference book of a commercial agency having at least one hundred thousand subscribers, and that from the examination or from* other information in his possession, it appears that no subscriber has assumed on any single fire insurance risk an amount greater than ten percent of the net worth of the subscriber.

(RSMo 1939 6082, A.L. 1967 p. 516)

Prior revisions: 1929 5970; 1919 6378

*Word "for" in original rolls.

Annotation Copyright Missouri Joint Committee on Legislative Research

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