There Is a Newer Version
of
the Missouri Revised Statutes
2012 Missouri Revised Statutes
TITLE XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 375 Provisions Applicable to All Insurance Companies
Section 375.978 Secured claim, may file as general creditor, may resort to security, deficiency treated, how.
Universal Citation:
MO Rev Stat § 375.978 (2012)
Learn more
This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
Secured claim, may file as general creditor, may resort to security, deficiency treated, how.
375.978. The owner of a secured claim against an insurer for which a receiver has been appointed in this or any other state may surrender his security and file his claim as a general creditor, or the claim may be discharged by resort to the security, in which case the deficiency, if any, shall be treated as a claim against the general assets of the insurer on the same basis as claims of unsecured creditors. The amount of such delinquency shall be ascertained and determined in the delinquency proceeding in the domiciliary state of such insurer.
(L. 1976 H.B. 1479 8)Effective 6-16-76
The headnotes, footnotes, annotations and index of the Missouri Revised Statutes, are used by permission of the Joint Committee on Legislative Research, the copyright holder.
Disclaimer: These codes may not be the most recent version. Missouri may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
