2018 Missouri Revised Statutes
Title XXIV - Business and Financial Institutions
Chapter 379 - Insurance Other Than Life
Section 379.260 Reserves.

Universal Citation: MO Rev Stat § 379.260 (2018)

Effective 28 Aug 1939

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS

Chapter 379

379.260. Reserves. — Such company shall maintain unearned premium and other reserves separately for each kind of insurance, upon the same basis as that required of domestic stock insurance companies transacting the same kind of insurance; provided, that any reserve for losses or claims based upon the premium income shall be computed upon the net premium income after deducting any so-called dividend or premium returned or credited to the member.

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(RSMo 1939 § 5961)

Prior revisions: 1929 § 5850; 1919 § 6260

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