§ 385.211 — Register of business entity producers to be maintained — inspection of list — updating of registry, when.

Missouri § 385.211

• Jurisdiction: Missouri
• Title XXIV: BUSINESS AND FINANCIAL INSTITUTIONS
• Ch. 385: Credit Insurance and Service Contracts

Text

1.  A provider registered to issue motor vehicle extended service contracts in this state shall maintain a register of business entity producers who are authorized to sell, offer, negotiate, or solicit the sale of motor vehicle extended service contracts in this state, and shall make such list available for inspection upon request by the director.  Within thirty days of a provider authorizing a producer to sell, offer, negotiate, or solicit motor vehicle extended service contracts, the provider shall enter the name and license number of the producer in the company registry of producers.

2.  Within thirty days of a provider terminating a business entity producer's appointment to sell, offer, negotiate, or solicit motor vehicle extended service contracts, the provider shall update the registry with the effective date of the termination.  If a provider has possession of information relating to any cause for discipline under section 385.209 , the provider shall notify the director of this information in writing.  The privileges and immunities applicable to insurers under section 375.022 shall apply to providers for any information reported under this subsection.

Legislative History

(L. 2011 S.B. 132) Effective 1-01-12