Missouri § 383.037 - Rates, requirements.
Full text of Missouri Revised Statutes of Missouri § 383.037 — Rates, requirements., with citation guidance and answers to common questions.
§ 383.037. Rates, requirements.
The rates made by each association licensed pursuant to sections 383.010 to 383.040 shall be subject to the following provisions:
(1) Rates shall not be excessive or inadequate, nor shall they be unfairly discriminatory;
(2) No rate shall be held to be excessive unless such rate is unreasonably high for the insurance provided with respect to the classification to which such rate is applicable;
(3) No rate shall be held to be inadequate unless such rate is unreasonably low for the insurance provided with respect to the classification to which such rate is applicable.
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(L. 1992 S.B. 831)
---- end of effective 28 Aug 1992 ----
Frequently Asked Questions About Missouri § 383.037
What does Revised Statutes of Missouri § 383.037 cover?
Section 383.037 ("Rates, requirements.") 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 § 383.037?
A common citation format is "Revised Statutes of Missouri § 383.037" (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 § 383.037 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.