Section 376.350

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS

Chapter 376

Effective - 28 Aug 2000, highlighted 1    

  376.350.  Reports to director. — 1.  It shall be the duty of the president or vice president and secretary or actuary, or a majority of the directors, of every life assurance company organized pursuant to sections 376.010 to 376.670 or pursuant to the laws of this state, or any such company incorporated by or organized pursuant to the laws of the United States or any other state, and doing business in this state, annually, on the first day of January, or within sixty days thereafter, to prepare under oath, and deposit in the office of the director of the department of commerce and insurance, a statement made up for the year ending the thirty-first day of December next preceding, showing:

  (1)  The number of policies issued during the year;

  (2)  The amount of assurance effected thereby;

  (3)  The amount of premiums received during the year;

  (4)  The amount received for interest, and all other receipts during the year, classifying the items;

  (5)  The amount of losses paid during the year;

  (6)  The amount of losses unpaid, giving the reason for such nonpayment;

  (7)  The amount of expenses, classifying the items;

  (8)  The whole number of policies in force, specifying the description;

  (9)  The amount of liabilities or risks thereon, and of all other liabilities;

  (10)  The amount of capital stock and how invested;

  (11)  The amount of assets other than capital, specifying the particular sources from whence they have been derived, and the manner in which they are invested, and what amount is invested in real estate, in stocks, promissory notes and other securities, and what amount is loaned on bonds and mortgages, or deeds of trust, stocks, policies of the company and other securities, specifying the kinds and amounts;

  (12)  The amount of dividend declared to stockholders and policyholders, respectively, and how much remains unpaid; and

  (13)  A statement of any other facts or information concerning the affairs of said company which may be required by the director.

  2.  Notwithstanding any other provision of law to the contrary, information regarding compensation of any employee or officer contained within a statement required to be filed pursuant to this section shall not be subject to disclosure to any person other than employees of the department.

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(RSMo 1939 § 5829, A.L. 2000 S.B. 896)

Prior revisions: 1929 § 5718; 1919 § 6129; 1909 § 6923