Missouri Revised Statutes













Chapter 376

Life, Health and Accident Insurance

←376.750

Section 376.752.1

376.754→

August 28, 2015

Member insurer's deposit with director, exemption from, amount.

376.752. Any member insurer organized under the provisions of sections

376.010 to 376.670, or under any general or special laws of this state and

transacting business of the character designated in section 376.010, shall be

exempt from the provisions of section 376.170, relating to the amount

required to be deposited with the director equal to the net value of all

policies and annuity contracts; provided, however, that the extent of such

exemption shall be eighty percent of such net value in the calendar year

during which this act shall become effective, increasing by five percent for

each succeeding calendar year until such exemption shall be equal to one

hundred percent of such net value.



(L. 1988 S.B. 430 § 33)







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