Missouri Statutes
§ 377.330 — Proceeds not liable for debts.
Missouri § 377.330
JurisdictionMissouri
Title XXIVBUSINESS AND FINANCIAL INSTITUTIONS
Ch. 377Assessment Plan and Stipulated Premium Plan Life Insurance
This text of Missouri § 377.330 (Proceeds not liable for debts.) 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. § 377.330 (2026).
Text
The money or other benefit, charity, relief or aid to be paid, provided or rendered by any corporation authorized to do business under sections 377.200 to 377.460 , shall not be liable to attachment or other process, and shall not be seized, taken, appropriated or applied by any legal or equitable process, nor by operation of law, to pay any debt or liability of a policy or certificate holder, or of any beneficiary named in a policy or certificate.
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Legislative History
(RSMo 1939 § 5883)
Prior revisions: 1929 § 5772; 1919 § 6182; 1909 § 6976
(1955) Where endowment life insurance contract at time of its assignment to insured's wife had cash surrender value exceeding income taxes due and where only two premiums remained to be paid, and where such premiums were later paid and policy matured, the proceeds thereof were subject to be seized for the enforcement of income tax liens. Reinicke v. Commr. of Internal Revenue, 220 F.2d 406.
Nearby Sections
15
§ 377.005
Definitions.§ 377.010
Assessment plan insurance defined.§ 377.040
Qualifications to do business.§ 377.090
Proceeds not liable for debts.§ 377.100
Statement of affairs.§ 377.150
Retaliatory section.§ 377.160
Deposit for costs and expenses.Cite This Page — Counsel Stack
Bluebook (online)
Missouri § 377.330, Counsel Stack Legal Research, https://law.counselstack.com/statute/mo/377/377.330.