☰ Revisor of Missouri


Chapter 375

< > Effective - 28 Aug 1949    bottom

  375.520.  Costs to be paid from deposits — amount. — 1.  The deposits of a company shall be subject to or liable for the following costs only:

  (1)  The actual cost of collecting the deposits; and

  (2)  An amount not to exceed one percent of all policies proved up and allowed which amount shall be full compensation for the services of all actuaries, clerks or other persons employed or appointed by the director or the court in the adjusting and settling of policy claims.

  2.  The cost of collecting deposits shall be the amount actually paid out by the director and in no case shall exceed two and one-half percent of the amount collected.  The director, subject to the approval of the court as to amount, shall pay such costs from the proceeds of the deposits.


(RSMo 1939 § 6048, A. 1949 H.B. 2092)

Prior revisions: 1929 § 5937; 1919 § 6345; 1909 § 7075

---- end of effective  28 Aug 1949 ----

use this link to bookmark section  375.520

Click here for the Reorganization Act of 1974 - or - Concurrent Resolutions Having Force & Effect of Law
In accordance with Section 3.090, the language of statutory sections enacted during a legislative session are updated and available on this website on the effective date of such enacted statutory section. Revisor Home    

Other Information
 Recent Sections Editorials May Be Cited As Tables & Forms Multiple Enact
Repeal & Transfer Definitions End Report

Site changes Pictures Contact

Other Links
Legislative Research Oversight MOLIS
Library MO WebMasters
Missouri Senate
State of Missouri
Missouri House