Missouri § 376.1518 - Net worth to be maintained, amount.
Full text of Missouri Revised Statutes of Missouri § 376.1518 — Net worth to be maintained, amount., with citation guidance and answers to common questions.
§ 376.1518. Net worth to be maintained, amount.
1. Each discount medical plan organization registered pursuant to sections* 376.1500 to 376.1532 shall at all times maintain a net worth of at least one hundred fifty thousand dollars.
2. The director may not allow a registration unless the discount medical plan organization has a net worth of at least one hundred fifty thousand dollars.
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(L. 2007 H.B. 818 merged with S.B. 66)
Effective 8-28-07 (S.B. 66); 1-01-08 (H.B. 818)
*Word "sections" appears twice in original rolls of S.B. 66, 2007.
---- end of effective 28 Aug 2007 ----
Frequently Asked Questions About Missouri § 376.1518
What does Revised Statutes of Missouri § 376.1518 cover?
Section 376.1518 ("Net worth to be maintained, 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 § 376.1518?
A common citation format is "Revised Statutes of Missouri § 376.1518" (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 § 376.1518 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.