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2018 Missouri Revised Statutes
Title XXIV - Business and Financial Institutions
Chapter 375 - Provisions Applicable to All Insurance Companies
Section 375.1162 Director may order activities to prevent delinquency proceeding.
Universal Citation: MO Rev Stat § 375.1162 (2018)
Effective 28 Aug 1991
Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 375375.1162. Director may order activities to prevent delinquency proceeding. — Whenever the director has reasonable cause to believe, and determines that any domestic insurer has committed or engaged in, or is about to commit or engage in, any act, practice, or transaction that would subject it to delinquency proceedings under sections 375.1150 to 375.1246, he may make and serve upon the insurer and any other persons involved, such orders as are reasonably necessary to correct, eliminate or remedy such conduct, condition or ground. Any such order of the director may be appealed as provided by section 536.150.
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(L. 1991 H.B. 385, et al. § 57)
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