Missouri § 354.295 Certificate of authority not to be issued if controlling management involved in improper actions.

Missouri Statutes

§ 354.295 — Certificate of authority not to be issued if controlling management involved in improper actions.

Missouri § 354.295

Title XXIIICORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS

Ch. 354Health Services Corporations — Health Maintenance Organizations — Prepaid Dental Plans

This text of Missouri § 354.295 (Certificate of authority not to be issued if controlling management involved in improper actions.) 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. § 354.295 (2026).

Text

The director shall not approve any declaration of organization or articles of incorporation or issue a certificate of authority to any company until he has found that there is no good reason to believe that the incorporators, directors and proposed officers are affiliated, directly or indirectly, through ownership, control, management, reinsurance transactions or other insurance or business relations with any person or persons known to have been involved in the improper manipulation of assets, accounts or reinsurance.

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The director shall not approve any declaration of organization or articles of incorporation or issue a certificate of authority to any company until he has found that there is no good reason to believe that the incorporators, directors and proposed officers are affiliated, directly or indirectly, through ownership, control, management, reinsurance transactions or other insurance or business relations with any person or persons known to have been involved in the improper manipulation of assets, accounts or reinsurance.