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2023 Missouri Revised Statutes
Title XVIII - Labor and Industrial Relations
Chapter 287 - Workers' Compensation Law
Section 287.910 - Rates, board to determine, how.

Universal Citation:
MO Rev Stat § 287.910 (2023)
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.
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There are multiple enactments of 287.910

Title XVIII LABOR AND INDUSTRIAL RELATIONS

Chapter 287

• Effective - 28 Aug 1993, 2 histories

*287.910. Rates, board to determine, how. — The board shall have full power and authority to establish rates to be charged by the company for insurance. The board shall contract for the services of or hire an independent actuary, a member in good standing with the American Academy of Actuaries, to develop and recommend actuarially sound rates. Rates shall be set at amounts sufficient, when invested, to carry all claims to maturity, meet the reasonable expenses of conducting the business of the company and maintain a reasonable surplus. The company shall conduct a workers' compensation program that shall be neither more nor less than self-supporting.

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(L. 1993 S.B. 251 § 6)

*This section was repealed by S.B. 101, 2023, effective 1-01-25.

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