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Section 380.141 Unsatisfied judgment against company, restraining order for transaction of new business.

MO Rev Stat § 380.141 (2019) (N/A)
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Effective 01 Jan 1985, see footnote

380.141. Unsatisfied judgment against company, restraining order for transaction of new business. — Whenever any judgment is obtained in any of the courts of this state against any Missouri mutual insurance company doing business in this state under the provisions of sections 380.011 to 380.151, from which no appeal is taken, or if an appeal is taken and no appeal bond is given as in other cases of appeals in civil procedure, and the judgment remains unsatisfied for sixty days after execution has been lawfully issued thereon, upon the filing of a petition for injunctive relief by the party in whose favor the judgment is rendered, in the court in which the judgment was rendered, the court shall issue an injunction restraining the company from the further transaction of any new business in this state until the judgment shall be fully satisfied.

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(L. 1984 H.B. 1498)

Effective 1-01-85

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Section 380.131 Loss or judgment against company, business basis to determine procedure — failure to pay assessment, effect.
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Section 380.151 Mutual companies may unite or transfer funds and engagements, procedure — creditor's rights not affected.