Missouri § 379.250 Premiums.

Missouri Statutes

§ 379.250 — Premiums.

Missouri § 379.250

Title XXIVBUSINESS AND FINANCIAL INSTITUTIONS

Ch. 379Insurance Other Than Life

This text of Missouri § 379.250 (Premiums.) 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. § 379.250 (2026).

Text

1.The maximum premium payable by any member shall be expressed in the policy or in the application for the insurance.

2.Such maximum premium may be a cash premium and an additional contingent premium not less than the cash premium, or may be solely a cash premium.

3.No policy shall be issued for a cash premium without an additional contingent premium unless the company has a surplus of at least one hundred thousand dollars or a surplus which is not less in amount than the capital stock required of domestic stock insurance companies transacting the same kinds of insurance.

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1. The maximum premium payable by any member shall be expressed in the policy or in the application for the insurance.

2. Such maximum premium may be a cash premium and an additional contingent premium not less than the cash premium, or may be solely a cash premium.

3. No policy shall be issued for a cash premium without an additional contingent premium unless the company has a surplus of at least one hundred thousand dollars or a surplus which is not less in amount than the capital stock required of domestic stock insurance companies transacting the same kinds of insurance.