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2019 Missouri Revised Statutes
Title XXIV - Business and Financial Institutions
Chapter 376 - Life, Health and Accident Insurance
Section 376.1518 Net worth to be maintained, amount.
Universal Citation: MO Rev Stat § 376.1518 (2019)
Effective 28 Aug 2007
376.1518. Net worth to be maintained, amount. — 1. Each discount medical plan organization registered pursuant to sections* 376.1500 to 376.1532 shall at all times maintain a net worth of at least one hundred fifty thousand dollars.
2. The director may not allow a registration unless the discount medical plan organization has a net worth of at least one hundred fifty thousand dollars.
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(L. 2007 H.B. 818 merged with S.B. 66)
Effective 8-28-07 (S.B. 66); 1-01-08 (H.B. 818)
*Word "sections" appears twice in original rolls of S.B. 66, 2007.
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