Missouri § 381.068 Investment in title plant, amount restricted, considered asset.

Missouri Statutes

§ 381.068 — Investment in title plant, amount restricted, considered asset.

Missouri § 381.068

Title XXIVBUSINESS AND FINANCIAL INSTITUTIONS

Ch. 381Title Insurance Law

This text of Missouri § 381.068 (Investment in title plant, amount restricted, considered asset.) 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. § 381.068 (2026).

Text

In determining the financial condition of a title insurer doing business under this chapter, the general investment provisions of sections 379.080 to 379.082 shall apply; except that, an investment in a title plant or plants in an amount equal to the actual cost shall be allowed as an admitted asset for title insurers.  The aggregate amount of the investment shall not exceed twenty percent of surplus to policyholders, as shown on the most recent annual statement of the title insurer on file with the director.

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In determining the financial condition of a title insurer doing business under this chapter, the general investment provisions of sections 379.080 to 379.082 shall apply; except that, an investment in a title plant or plants in an amount equal to the actual cost shall be allowed as an admitted asset for title insurers. The aggregate amount of the investment shall not exceed twenty percent of surplus to policyholders, as shown on the most recent annual statement of the title insurer on file with the director.