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Section: 384.0057 Licensee to file annual statement, contents--report to director, contents. RSMO 384.057


Published: 2015

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Missouri Revised Statutes













Chapter 384

Surplus Lines Insurance

←384.054

Section 384.057.1

384.059→

August 28, 2015

Licensee to file annual statement, contents--report to director, contents.

384.057. 1. Before March second of each year, each surplus lines

broker shall report under oath to the director on forms prescribed by him

or her a statement showing, with respect to the year ending the immediately

preceding December thirty-first for nonadmitted insurance where the home

state of the insured is this state:



(1) The gross amounts charged for surplus lines insurance, exclusive

of sums collected for the payment of federal, state or local taxes;



(2) The amount of net premiums with respect to the insurance. For

the purpose of this section, "net premiums" means the gross amount of

charges for surplus lines insurance, exclusive of sums collected for the

payment of federal, state and local taxes, less returned premiums.



2. No later than within forty-five days after the end of each

calendar quarter ending March thirty-first, June thirtieth, September

thirtieth, and December thirty-first each surplus lines broker shall report

under oath to the director on forms prescribed by him or her a statement

showing, with respect to each respective calendar quarter for nonadmitted

insurance where the home state of the insured is this state:



(1) The gross amounts charged for surplus lines insurance, exclusive

of sums collected for the payment of federal, state, or local taxes;



(2) The amount of net premiums with respect to the insurance. For

the purpose of this section, "net premiums" means the gross amount of

charges for surplus lines insurance, exclusive of sums collected for the

payment of federal, state, and local taxes, less returned premiums.



(L. 1987 H.B. 700 § 16 subsec. 7, A.L. 1989 S.B. 250, A.L. 2009 H.B.

577, A.L. 2011 S.B. 132)



Effective 7-07-11





2009

1991



2009



384.057. 1. Before March second of each year, each surplus lines broker

shall report under oath to the director on forms prescribed by him or her a

statement showing, with respect to the year ending the immediately preceding

December thirty-first:



(1) The gross amounts charged for surplus lines insurance with respect

to risks located within this state, exclusive of sums collected for the

payment of federal, state or local taxes;



(2) The amount of net premiums with respect to the insurance. For the

purpose of this section, "net premiums" means the gross amount of charges for

surplus lines insurance with respect to risks located within this state,

exclusive of sums collected for the payment of federal, state and local

taxes, less returned premiums.



2. No later than within forty-five days after the end of each calendar

quarter ending March thirty-first, June thirtieth, September thirtieth, and

December thirty-first each surplus lines broker shall report under oath to

the director on forms prescribed by him or her a statement showing, with

respect to each respective calendar quarter:



(1) The gross amounts charged for surplus lines insurance with respect

to risks located within this state, exclusive of sums collected for the

payment of federal, state, or local taxes;



(2) The amount of net premiums with respect to the insurance. For the

purpose of this section, "net premiums" means the gross amount of charges for

surplus lines insurance with respect to risks located within this state,

exclusive of sums collected for the payment of federal, state, and local

taxes, less returned premiums.



1991



384.057. Before March second of each year, each surplus

lines broker shall report under oath to the director on forms

prescribed by him a statement showing:



(1) The gross amounts charged for surplus lines insurance

with respect to risks located within this state, exclusive of

sums collected for the payment of federal, state or local taxes;



(2) The amount of net premiums with respect to the

insurance. For the purpose of this section, "net premiums" means

the gross amount of charges for surplus lines insurance with

respect to risks located within this state, exclusive of sums

collected for the payment of federal, state and local taxes, less

returned premiums.



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