377.199. No companies formed under sections 377.200 to 377.460 after August 29, 1959. - Missouri Statutes

No companies formed under sections 377.200 to 377.460 after August 29,1959.

377.199. From and after the effective date of this sectionno stipulated premium plan life insurance company shall beorganized or incorporated under the provisions of sections377.200 to 377.460, but nothing in this section shall beconstrued as restricting or abridging in any manner the right ofany stipulated premium plan life insurance company nowincorporated and licensed to do business in this state fromcontinuing to do business under the provisions of sections377.200 to 377.460.

(L. 1959 H.B. 196 § 1)