Missouri § 382.280 - Director to take possession, when.
Full text of Missouri Revised Statutes of Missouri § 382.280 — Director to take possession, when., with citation guidance and answers to common questions.
§ 382.280. Director to take possession, when.
Whenever it appears to the director that any person has committed a violation of sections 382.010 to 382.300 which so impairs the financial condition of a domestic insurer as to threaten insolvency or make the further transaction of business by it hazardous to its policyholders, creditors, shareholders or the public, then the director may proceed as provided by law to take possession of the property of such domestic insurer and to conduct the business thereof.
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(L. 1971 S.B. 101 § 31)
---- end of effective 28 Aug 1971 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 382.280
What does Revised Statutes of Missouri § 382.280 cover?
Section 382.280 ("Director to take possession, when.") 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 § 382.280?
A common citation format is "Revised Statutes of Missouri § 382.280" (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 § 382.280 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.