Missouri § 379.1340 - Branch captive may be established, when.

Full text of Missouri Revised Statutes of Missouri § 379.1340 — Branch captive may be established, when., with citation guidance and answers to common questions.

§ 379.1340. Branch captive may be established, when.

1.  A branch captive may be established in this state in accordance with the provisions of sections 379.1300 to 379.1350 to write insurance, including insurance or reinsurance of the employee benefit business of its parent and affiliated companies which is subject to the provisions of the federal Employee Retirement Income Security Act of 1974, as amended.  In addition to the general provisions of sections 379.1300 to 379.1350, the provisions of sections 379.1340 to 379.1350 shall apply to branch captive insurance companies.

2.  No branch captive insurance company shall do any insurance business in this state unless it maintains the principal place of business for its branch operations in this state.

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(L. 2007 S.B. 215)

---- end of effective  28 Aug 2007 ----

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Frequently Asked Questions About Missouri § 379.1340

What does Revised Statutes of Missouri § 379.1340 cover?

Section 379.1340 ("Branch captive may be established, 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 § 379.1340?

A common citation format is "Revised Statutes of Missouri § 379.1340" (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 § 379.1340 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.