Mo. Rev. Stat. § 379.1397: Changes in plan of operation, directors approval required.
Where this section sits in the code
- Title XXIV - BUSINESS AND FINANCIAL INSTITUTIONS
- Chapter 379 - Insurance Other Than Life
Any material changes to a SPLRC's plan of operation shall require the prior written approval of the director. However, if initially approved in the plan of operation, the subsequent issuance of securities, additional financing, substitution of a party to a swap transaction with a party of similar rating or the inclusion of additional business under a SPLRC contract shall not be considered a material change.
Collected 2026-09-03T22:23:27Z. Source file · JSON