Missouri Revised Statutes § 375.251 - Actions by and against companies — United States — Missouri law | Esheria

Missouri Revised Statutes § 375.251 - Actions by and against companies

Insurance companies may sue members or stockholders over business-related matters, and members or stockholders may sue the company for covered loss if payment is held back for more than two months after it becomes due. Only the state director of commerce and insurance may bring actions to wind up or dissolve an insuran

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Jurisdiction
United States — Missouri
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Updated
Official source
View official record ↗
company litigation insurance disputes winding up and dissolution

Statute overview

About this statute

Insurance companies may sue members or stockholders over business-related matters, and members or stockholders may sue the company for covered loss if payment is held back for more than two months after it becomes due. Only the state director of commerce and insurance may bring actions to wind up or dissolve an insurance company or distribute its assets to creditors.