Missouri § 375.148 - Managing general agents must be licensed producers — risks located outside state — requirements — bond may be required, also errors and omissions policy.
Full text of Missouri Revised Statutes of Missouri § 375.148 — Managing general agents must be licensed producers — risks located outside state — requirements — bond may be required, also errors and omissions policy., with citation guidance and answers to common questions.
§ 375.148. Managing general agents must be licensed producers — risks located outside state — requirements — bond may be required, also errors and omissions policy.
1. No person, firm, association or corporation shall act in the capacity of a managing general agent with respect to risks located in this state for an insurer licensed in this state unless such person is a licensed producer in this state.
2. No person, firm, association or corporation shall act in the capacity of a managing general agent representing an insurer domiciled in this state with respect to risks located outside this state unless such person is licensed as a producer in this state pursuant to the provisions of sections 375.147 to 375.153. Such license may be a nonresident license.
3. The director may require a bond in an amount acceptable to him for the protection of the insurer.
4. The director may require the managing general agent to maintain an appropriate errors and omissions policy for the protection of any person, firm, association or corporation which may be affected by the activities of the managing general agent.
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(L. 1990 H.B. 1739 § 7)
Effective 7-01-91
---- end of effective 01 Jul 1991 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 375.148
What does Revised Statutes of Missouri § 375.148 cover?
Section 375.148 ("Managing general agents must be licensed producers — risks located outside state — requirements — bond may be required, also errors and omissions policy.") is part of the Revised Statutes of Missouri, the codified statutory law of Missouri. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Missouri § 375.148?
A common citation format is "Revised Statutes of Missouri § 375.148" (Missouri). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Missouri law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Missouri official source linked on this page or consult a licensed Missouri attorney.
How does Missouri § 375.148 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Missouri can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Missouri.