Missouri § 303.412 Reporting by insurance companies, frequency, required information — revenue to notify department of violation, penalty, exceptions.

Missouri Statutes

§ 303.412 — Reporting by insurance companies, frequency, required information — revenue to notify department of violation, penalty, exceptions.

Missouri § 303.412

Title XIXMOTOR VEHICLES, WATERCRAFT AND AVIATION

Ch. 303Motor Vehicle Financial Responsibility Law

This text of Missouri § 303.412 (Reporting by insurance companies, frequency, required information — revenue to notify department of violation, penalty, exceptions.) is published on Counsel Stack Legal Research, covering Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mo. Rev. Stat. § 303.412 (2026).

Text

1. Beginning March 1, 2003, before the seventh working date of each calendar month, all licensed insurance companies in this state shall provide to the designated agent a record of all policies in effect on the last day of the preceding month. This subsection shall not prohibit more frequent reporting. 2. The record pursuant to subsection 1 of this section shall include the following:

(1)The name, date of birth, driver's license number and address of each insured;

(2)The make, year and vehicle identification number of each insured motor vehicle;

(3)The policy number and effective date of the policy. 3. The department of revenue shall notify the department of commerce and insurance of any insurer who violates any provisions of this act. The department of commerce and insuran

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1. Beginning March 1, 2003, before the seventh working date of each calendar month, all licensed insurance companies in this state shall provide to the designated agent a record of all policies in effect on the last day of the preceding month. This subsection shall not prohibit more frequent reporting.

2. The record pursuant to subsection 1 of this section shall include the following:

(1) The name, date of birth, driver's license number and address of each insured;

(2) The make, year and vehicle identification number of each insured motor vehicle;

(3) The policy number and effective date of the policy.

3. The department of revenue shall notify the department of commerce and insurance of any insurer who violates any provisions of this act. The department of commerce and insurance may, against any insurer who fails to comply with this section, assess a fine not greater than one thousand dollars per day of noncompliance. The department of revenue may assess a fine not greater than one thousand dollars per day against the designated agent for failure to complete the project by the dates designated in sections 303.400 to 303.415 unless the delay is deemed beyond the control of the designated agent or the designated agent provides acceptable proof that such a noncompliance was inadvertent, accidental or the result of excusable neglect. The department of commerce and insurance shall excuse the fine against any insurer if an assessed insurer provides acceptable proof that such insurer's noncompliance was inadvertent, accidental or the result of excusable neglect.