Missouri § 376.722 - Board of directors, established, members, how selected — expense reimbursement.
Full text of Missouri Revised Statutes of Missouri § 376.722 — Board of directors, established, members, how selected — expense reimbursement., with citation guidance and answers to common questions.
§ 376.722. Board of directors, established, members, how selected — expense reimbursement.
1. The board of directors of the association shall consist of not less than seven nor more than eleven member insurers serving terms as established in the plan of operation. The members of the board shall be selected by member insurers subject to the approval of the director. Each class of member insurer, as defined in section 376.718, shall be represented on the board. Vacancies on the board shall be filled for the remaining period of the term by a majority vote of the remaining board members, subject to the approval of the director. In determining voting rights at the organizational meeting, each member insurer shall be entitled to one vote in person or by proxy.
2. In approving selections or in appointing members to the board, the director shall consider, among other things, whether all member insurers are fairly represented.
3. Members of the board may be reimbursed from the assets of the association for expenses incurred by them as members of the board of directors but members of the board shall not otherwise be compensated by the association for their services.
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(L. 1988 S.B. 430 § 6, A.L. 2018 H.B. 1690)
---- end of effective 28 Aug 2018 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 376.722
What does Revised Statutes of Missouri § 376.722 cover?
Section 376.722 ("Board of directors, established, members, how selected — expense reimbursement.") 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 § 376.722?
A common citation format is "Revised Statutes of Missouri § 376.722" (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 § 376.722 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.