LegalFix
Sign In

Section 375.1190 List of insurer's assets to be prepared — filing — not needed, when.

MO Rev Stat § 375.1190 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Effective 28 Aug 1991

375.1190. List of insurer's assets to be prepared — filing — not needed, when. — 1. As soon as practicable after the liquidation order but not later than one hundred twenty days thereafter, the liquidator shall prepare in duplicate a list of the insurer's assets. The list shall be amended or supplemented from time to time as the liquidator may determine. One copy shall be filed with the clerk of the court and one copy shall be retained for the liquidator's files. All amendments and supplements shall be similarly filed.

2. The liquidator may reduce the assets to a degree of liquidity that is consistent with the effective execution of the liquidation.

3. A submission to the court for disbursement of assets in accordance with section 375.1205 fulfills the requirements of subsection 1 of this section.

­­--------

(L. 1991 H.B. 385, et al. § 74)

Previous Section
Section 375.1188 Stay of other actions — liquidator may bring certain actions, when.
Next Section
Section 375.1191 Netting agreements and qualified financial contracts, exercise of certain rights and acts not to be prohibited — termination of netting agreement, transfer of amount owed, receiver's duties — applicability of statute.