Missouri § 375.1292 - Consent to transfer, effect.
Full text of Missouri Revised Statutes of Missouri § 375.1292 — Consent to transfer, effect., with citation guidance and answers to common questions.
§ 375.1292. Consent to transfer, effect.
If a policyholder consents to the transfer pursuant to section 375.1290, or if the transfer is effected under section 375.1294, there shall be a novation of the contract of insurance subject to the assumption reinsurance agreement with the result that the transferring insurer shall thereby be relieved of all insurance obligations or risks transferred under the assumption reinsurance agreement, and the assuming insurer shall become directly and solely liable to the policyholder for those insurance obligations or risks.
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(L. 1993 H.B. 709 § 18)
---- end of effective 28 Aug 1993 ----
Frequently Asked Questions About Missouri § 375.1292
What does Revised Statutes of Missouri § 375.1292 cover?
Section 375.1292 ("Consent to transfer, effect.") 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 § 375.1292?
A common citation format is "Revised Statutes of Missouri § 375.1292" (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 § 375.1292 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.