Section 379.075 Authority to commence business, when, how issued.

MO Rev Stat § 379.075 (2019) (N/A)

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Effective 28 Aug 1989

379.075. Authority to commence business, when, how issued. — When the incorporators have fully complied with the requirements of sections 379.010 to 379.070 and the laws of this state governing the organization of private corporations, and such corporation has transferred to and deposited with the director of the director of the department of commerce and insurance of this state the amount required by section 379.098 it shall be the duty of the director to furnish the association a certified copy of the certificate of such deposit and his certificate of authority for them to commence the business proposed in the charter, and a certified copy of the aforesaid declaration and certificates, which, on being filed and recorded in the office of the recorder of the county in which the association is to be located, shall be its authority to commence business and issue policies; and such certified copies of the declaration, certificate of authority and certificate of deposit may be used in evidence for or against such company, with the same effect as the originals.

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(RSMo 1939 § 5917, A.L. 1967 p. 516, A.L. 1989 S.B. 250)

Prior revisions: 1929 § 5806; 1919 § 6216; 1909 § 7007

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Section 379.080 Capital and surplus of stock or mutual company, investments authorized — violation, penalty.