Missouri § 303.412 - Reporting by insurance companies, frequency, required information — revenue to notify department of violation, penalty, exceptions.
Full text of Missouri Revised Statutes of Missouri § 303.412 — Reporting by insurance companies, frequency, required information — revenue to notify department of violation, penalty, exceptions., with citation guidance and answers to common questions.
§ 303.412. Reporting by insurance companies, frequency, required information — revenue to notify department of violation, penalty, exceptions.
1. Beginning March 1, 2003, before the seventh working date of each calendar month, all licensed insurance companies in this state shall provide to the designated agent a record of all policies in effect on the last day of the preceding month. This subsection shall not prohibit more frequent reporting.
2. The record pursuant to subsection 1 of this section shall include the following:
(1) The name, date of birth, driver's license number and address of each insured;
(2) The make, year and vehicle identification number of each insured motor vehicle;
(3) The policy number and effective date of the policy.
3. The department of revenue shall notify the department of commerce and insurance of any insurer who violates any provisions of this act. The department of commerce and insurance may, against any insurer who fails to comply with this section, assess a fine not greater than one thousand dollars per day of noncompliance. The department of revenue may assess a fine not greater than one thousand dollars per day against the designated agent for failure to complete the project by the dates designated in sections 303.400 to 303.415 unless the delay is deemed beyond the control of the designated agent or the designated agent provides acceptable proof that such a noncompliance was inadvertent, accidental or the result of excusable neglect. The department of commerce and insurance shall excuse the fine against any insurer if an assessed insurer provides acceptable proof that such insurer's noncompliance was inadvertent, accidental or the result of excusable neglect.
--------
(L. 1999 S.B. 19 § 5, A.L. 2000 H.B. 1797)
Effective 7-01-02; see § 303.415
Expires 6-30-07; see § 303.415
---- end of effective 01 Jul 2002 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 303.412
What does Revised Statutes of Missouri § 303.412 cover?
Section 303.412 ("Reporting by insurance companies, frequency, required information — revenue to notify department of violation, penalty, exceptions.") 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 § 303.412?
A common citation format is "Revised Statutes of Missouri § 303.412" (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 § 303.412 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.