Section 380.111 School district's real and personal property may be insured

Section 380.111 School district's real and personal property may be insured — procedure for district to become member.

MO Rev Stat § 380.111 (2019) (N/A)

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Effective 01 Jan 1985, see footnote

380.111. School district's real and personal property may be insured — procedure for district to become member. — All Missouri mutual insurance companies may accept as members any school district of this state, and may insure the real and personal property thereof as in the case of other members of the company. Any school district in this state may, by a two-thirds vote of the board of directors of the district, become a member of any Missouri mutual insurance company, and may insure the real and personal property of the school district in the company as in the case of other members thereof, and may, out of the incidental funds of the district, pay for such insurance and for all assessments lawfully made by the company as in the case of other members of the company.

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(L. 1984 H.B. 1498)

Effective 1-01-85

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Section 380.101 Policyholder in mutual to be member — eligibility — member's right to sue company.

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Section 380.121 Membership fee — business basis, how established — assessment of members — reserve — return of deposits to members, when — liability of policyholder on termination of policy.