Missouri § 354.355 - Injunctions, permanent or temporary, grounds, procedure — dissolution of corporation or rehabilitation, procedure.
Full text of Missouri Revised Statutes of Missouri § 354.355 — Injunctions, permanent or temporary, grounds, procedure — dissolution of corporation or rehabilitation, procedure., with citation guidance and answers to common questions.
§ 354.355. Injunctions, permanent or temporary, grounds, procedure — dissolution of corporation or rehabilitation, procedure.
Whenever it shall appear to the director of the department of commerce and insurance, from any examination made by himself, or from the report of a person or persons appointed by him, or from the statements of the corporation subject to the provisions of sections 354.010 to 354.380, or from any knowledge or information in his possession
(1) That the corporation has refused to submit its books, papers, accounts or affairs to the reasonable inspection of the director or his deputy or his examiner; or
(2) That the corporation has, by contract of reinsurance or otherwise, transferred or attempted to transfer substantially its entire property or business, or entered into any transaction, the effect of which is to merge substantially its entire property or business in the property or business of any other corporation, association, society, order, partnership or individual without first having obtained the written approval of the director of the department of commerce and insurance as provided by law; or
(3) That the corporation is found, after an examination, to be in such condition that its further transaction of business will be hazardous to its policyholders or to its creditors or to the public; or
(4) That the corporation has an officer who has refused to be examined under oath touching its affairs; or
(5) That the corporation has ceased to transact the business of insurance for a period of one year;
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(L. 1983 H.B. 127 § 354.355 subsec. 1)
---- end of effective 28 Aug 1983 ----
Frequently Asked Questions About Missouri § 354.355
What does Revised Statutes of Missouri § 354.355 cover?
Section 354.355 ("Injunctions, permanent or temporary, grounds, procedure — dissolution of corporation or rehabilitation, procedure.") 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 § 354.355?
A common citation format is "Revised Statutes of Missouri § 354.355" (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 § 354.355 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.