County, Town and Farmers' Mutual Property Insurance Companies

  1. Law
  2. Missouri Revised Statutes
  3. Business and Financial Institutions
  4. County, Town and Farmers' Mutual Property Insurance Companies

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Section
380.005

Definitions.

Section
380.011

Classification as Missouri mutual insurance companies — new companies prohibited.

Section
380.021

Authority to do business on not-for-profit basis — property of members, authority to insure — limitation of area — reserve fund, and reinsurance requirements.

Section
380.031

Exemption from insurance laws, exceptions.

Section
380.041

Board of directors, election, qualifications, terms, officers — annual meeting of company, held when, notice of requirements.

Section
380.051

Financial statement filed annually, fee.

Section
380.061

Examination by department, powers and duties — expenses — examination by CPA in lieu of department — refusal to comply, effect.

Section
380.071

Unsafe operation of business — reasonable time to remedy — failure to remedy, director's powers.

Section
380.081

Noncompliance — notice, content hearing — judicial review — failure to comply, director's powers.

Section
380.091

Forms filed where — disapproval by director, notice, content — judicial review.

Section
380.101

Policyholder in mutual to be member — eligibility — member's right to sue company.

Section
380.111

School district's real and personal property may be insured — procedure for district to become member.

Section
380.121

Membership fee — business basis, how established — assessment of members — reserve — return of deposits to members, when — liability of policyholder on termination of policy.

Section
380.131

Loss or judgment against company, business basis to determine procedure — failure to pay assessment, effect.

Section
380.141

Unsatisfied judgment against company, restraining order for transaction of new business.

Section
380.151

Mutual companies may unite or transfer funds and engagements, procedure — creditor's rights not affected.

Section
380.201

Definitions.

Section
380.211

New companies prohibited, when.

Section
380.221

Missouri mutual companies may elect to come under this law — procedure — farmers' mutuals to operate under this law — exemption from examination, certain agents.

Section
380.231

Company operations limited to Missouri.

Section
380.241

Amendment to articles and bylaws, procedure — fee.

Section
380.251

Forms, filing and approval, fee — policy, required provisions — disapproved, procedure.

Section
380.261

Kinds of insurance company may make.

Section
380.271

Financial reinsurance requirements.

Section
380.281

Mergers of certain mutual companies, procedure — merger plan, required contents.

Section
380.291

Meeting to consider merger plan, notice — requirements.

Section
380.301

Approval of merger plan, votes required.

Section
380.311

Articles of merger, content — executed by corporate officers.

Section
380.321

Director to review petition for merger — hearing to be held, when — procedure — costs.

Section
380.331

Certificate of merger issued, when — director and secretary of state's duties.

Section
380.341

Merger effective when.

Section
380.351

Certificate of merger returned to whom.

Section
380.361

Surviving corporation after merger, rights and liabilities.

Section
380.371

Powers of a company, generally.

Section
380.381

Board of directors, election — terms — vacancies — annual meeting, quorum, voting rights.

Section
380.391

Misuse of company assets for private gain, penalty.

Section
380.401

Record of investigations of company operations by director — violations, duties of prosecutor or attorney general.

Section
380.411

Officers, how selected, tenure.

Section
380.421

Membership in a company, eligibility.

Section
380.431

Initial charge — guaranty fund to be maintained, how funded, purpose — policies providing for assessment of member — requirements.

Section
380.441

Liability of members — suspension of company liability during delinquency of members.

Section
380.451

Policyholder not liable for obligations after termination of policy — notice of assessment after termination.

Section
380.461

Company may borrow to pay losses — assessment to pay loan.

Section
380.471

Approved investments.

Section
380.482

Annual statement of company.

Section
380.491

Director to examine, when — expenses.

Section
380.501

Company may dissolve — procedure.

Section
380.511

Company exempt from insurance laws, exception.

Section
380.521

License for agents — agencies and brokers.

Section
380.531

Notices, how given.

Section
380.541

Policy cancellation — exceptions.

Section
380.551

Waiver of provision or defense, what constitutes — evidence.

Section
380.561

Rules, authority for, procedure.

Section
380.571

Violations, penalties.

Section
380.581

Powers of company in general.

Section
380.591

Suits against company commenced when — limitation.

Section
380.601

Conversion to a mutual insurance company — procedure.

Section
380.611

Sale of corporate charter, penalty — exclusive right to control a company, approval by director, requirements.

Section
380.651

Provisions inapplicable to mutual companies.