Missouri § 375.520 - Costs to be paid from deposits — amount.
Full text of Missouri Revised Statutes of Missouri § 375.520 — Costs to be paid from deposits — amount., with citation guidance and answers to common questions.
§ 375.520. Costs to be paid from deposits — amount.
1. The deposits of a company shall be subject to or liable for the following costs only:
(1) The actual cost of collecting the deposits; and
(2) An amount not to exceed one percent of all policies proved up and allowed which amount shall be full compensation for the services of all actuaries, clerks or other persons employed or appointed by the director or the court in the adjusting and settling of policy claims.
2. The cost of collecting deposits shall be the amount actually paid out by the director and in no case shall exceed two and one-half percent of the amount collected. The director, subject to the approval of the court as to amount, shall pay such costs from the proceeds of the deposits.
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(RSMo 1939 § 6048, A. 1949 H.B. 2092)
Prior revisions: 1929 § 5937; 1919 § 6345; 1909 § 7075
---- end of effective 28 Aug 1949 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 375.520
What does Revised Statutes of Missouri § 375.520 cover?
Section 375.520 ("Costs to be paid from deposits — amount.") 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 § 375.520?
A common citation format is "Revised Statutes of Missouri § 375.520" (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 § 375.520 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.