Missouri § 375.1122 Insurer's use of broker, restrictions — financial condition statement required.

Missouri Statutes

§ 375.1122 — Insurer's use of broker, restrictions — financial condition statement required.

Missouri § 375.1122

Title XXIVBUSINESS AND FINANCIAL INSTITUTIONS

Ch. 375Provisions Applicable to All Insurance Companies

This text of Missouri § 375.1122 (Insurer's use of broker, restrictions — financial condition statement required.) 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. § 375.1122 (2026).

Text

1.An insurer shall not engage the services of any person, firm, association or corporation to act as an RB on its behalf, unless such person is licensed as required by subsection 1 of section 375.1115 .

2.An insurer may not employ an individual who is employed by an RB with which it transacts business, unless such RB is under common control with the insurer and subject to the provisions of chapter 382 .

3.The insurer shall annually obtain a copy of statements of the financial condition of each RB with which it transacts business.

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1. An insurer shall not engage the services of any person, firm, association or corporation to act as an RB on its behalf, unless such person is licensed as required by subsection 1 of section 375.1115 .

2. An insurer may not employ an individual who is employed by an RB with which it transacts business, unless such RB is under common control with the insurer and subject to the provisions of chapter 382 .

3. The insurer shall annually obtain a copy of statements of the financial condition of each RB with which it transacts business.