Missouri § 376.1017 - Plan to establish loss reserves — plan to establish surplus account, amount.
Full text of Missouri Revised Statutes of Missouri § 376.1017 — Plan to establish loss reserves — plan to establish surplus account, amount., with citation guidance and answers to common questions.
§ 376.1017. Plan to establish loss reserves — plan to establish surplus account, amount.
1. A plan shall establish loss reserves for all incurred losses, both reported and unreported, and for unearned premiums.
2. A plan also shall establish a surplus account equal to the greater of the following:
(1) Six hundred thousand dollars; or
(2) An amount equal to two times the authorized control level risk-based capital, as that term is defined in section 375.1250.
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(L. 1993 H.B. 709 § 29, A.L. 2026 H.B. 2372 merged with H.B. 2596)
Severability clause, see § 376.1241
---- end of effective 28 Aug 2026 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 376.1017
What does Revised Statutes of Missouri § 376.1017 cover?
Section 376.1017 ("Plan to establish loss reserves — plan to establish surplus account, 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 § 376.1017?
A common citation format is "Revised Statutes of Missouri § 376.1017" (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 § 376.1017 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.