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Missouri · Through 2026 legislative session (floor)

Mo. Rev. Stat. § 376.984: Abatement or deferring all or part of assessment of member, when — amount abated or deferred may be assessed against other members — deficiency liability.

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Where this section sits in the code
  1. Title XXIV - BUSINESS AND FINANCIAL INSTITUTIONS
  2. Chapter 376 - Life, Health and Accident Insurance

The board may abate or defer, in whole or in part, the assessment of a member if, in the opinion of the board, payment of the assessment would endanger the ability of the member to fulfill its contractual obligations. In the event an assessment against a member is abated or deferred in whole or in part, the amount by which such assessment is abated or deferred may be assessed against the other members in a manner consistent with the basis for assessment set forth in subsections 1, 2, and 3 of section 376.973. The member receiving such abatement or deferment shall remain liable to the pool for the deficiency for four years.

Collected 2026-09-03T22:23:27Z. Source file · JSON

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