Missouri § 374.162 - Insurance examiners fund, established — assessments against insurer, how determined, when.

Full text of Missouri Revised Statutes of Missouri § 374.162 — Insurance examiners fund, established — assessments against insurer, how determined, when., with citation guidance and answers to common questions.

§ 374.162. Insurance examiners fund, established — assessments against insurer, how determined, when.

1.  There is hereby established a fund for the examination expenses to be paid pursuant to section 374.160, to be known as the "Insurance Examiners Fund".  There shall be an amount assessed against all insurers, health services corporations and health maintenance organizations which are engaged in the business of insurance within this state in order to provide initial funding for the insurance examiners fund.  The assessment shall be made between August 28, 1991, and December 31, 1991, in the total amount of four hundred thousand dollars.  The assessment of each such insurer, health services corporation and health maintenance organization shall be proportionate to the amount of premiums or enrollment fees received in this state by the insurer, health services corporation or health maintenance organization during calendar year 1990, is to the total amount of premiums and enrollment fees received in this state by all such entities during calendar year 1990.

2.  The director may make an assessment between August 28, 1993, and June 30, 1994, of each insurer, health services corporation and health maintenance organization to provide a minimum balance in the insurance examiners fund.  The total amount of all assessments made pursuant to this subsection shall not exceed four hundred thousand dollars.  Such assessments shall be proportionate to the amount of premiums or enrollment fees received by such insurer, health services corporation, or health maintenance organization during the calendar year 1992 to the total amount of premiums and enrollment fees received in this state by all such entities during calendar year 1992, except that the total amount of all assessments on each insurer, health services corporation or health maintenance organization shall be at least two hundred fifty dollars and shall not exceed two thousand dollars.

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(L. 1991 H.B. 385, et al. § 1, A.L. 1993 H.B. 709)

---- end of effective  28 Aug 1993 ----

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Source: official Missouri text · Last verified 2026-08-27

Frequently Asked Questions About Missouri § 374.162

What does Revised Statutes of Missouri § 374.162 cover?

Section 374.162 ("Insurance examiners fund, established — assessments against insurer, how determined, 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 § 374.162?

A common citation format is "Revised Statutes of Missouri § 374.162" (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 § 374.162 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.