Missouri § 384.025 - Ineligibility of nonadmitted insurer, grounds, when — notice to licensees.
Full text of Missouri Revised Statutes of Missouri § 384.025 — Ineligibility of nonadmitted insurer, grounds, when — notice to licensees., with citation guidance and answers to common questions.
§ 384.025. Ineligibility of nonadmitted insurer, grounds, when — notice to licensees.
1. If at any time the director has reason to believe that an eligible surplus lines insurer:
(1) Is in unsound financial condition;
(2) Is no longer eligible under section 384.021;
(3) Has willfully violated the laws of this state; or
(4) Does not make reasonably prompt payment of just losses and claims in this state or elsewhere; the director may declare it ineligible.
2. The director shall promptly publish notice of all such declarations in any public electronic format.
--------
(L. 1987 H.B. 700 § 5, A.L. 2009 H.B. 577)
---- end of effective 28 Aug 2009 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 384.025
What does Revised Statutes of Missouri § 384.025 cover?
Section 384.025 ("Ineligibility of nonadmitted insurer, grounds, when — notice to licensees.") 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 § 384.025?
A common citation format is "Revised Statutes of Missouri § 384.025" (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 § 384.025 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.