375.301. Exemptions from provisions of sections 375.256 to 375.301. - Missouri Statutes

Exemptions from provisions of sections 375.256 to 375.301.

375.301. The provisions of sections 375.256 to 375.301 shallnot apply to any action, suit or proceeding against anyunauthorized insurer arising out of a contract of:

(1) Reinsurance effectuated in accordance with the laws ofMissouri;

(2) Insurance effectuated in accordance with chapter 384,RSMo;

(3) Aircraft insurance;

(4) Insurance on property or operations of railroads engagedin interstate commerce;

(5) Insurance against legal liability arising out of theownership, operation or maintenance of any property having apermanent situs outside of this state; or

(6) Insurance against loss of or damage to any propertyhaving a permanent situs outside this state; where the contractcontains a provision designating the insurance commissioner to beits true and lawful attorney upon whom may be served all lawfulprocess in any action, suit or proceeding instituted by or onbehalf of an insured or beneficiary arising out of any contract.

(L. 1951 p. 276 § 375.169, A.L. 1967 p. 516, A.L. 1977 S.B. 274)