379.455. Advisory organizations. - Missouri Statutes

Advisory organizations.

379.455. 1. Any corporation, unincorporated association,partnership or individual, other than a licensed insurer, whetherlocated within or outside this state, which prepares policyforms, makes underwriting rules, surveys or inspections incidentto but not including the making of rates, rating plans or ratingsystems, or which collects and furnishes to licensed insurers orrating organizations loss or expense statistics or otherstatistical information and data and acts in an advisory asdistinguished from a ratemaking capacity shall be known as anadvisory organization and shall file with the director

(1) A copy of its constitution, its articles of agreement orassociation or its certificate of incorporation, and of itsbylaws, rules and regulations governing its activities;

(2) A list of its members;

(3) The name and address of a resident of this state uponwhom notices or orders of the director or process issued at hisdirection may be served; and

(4) An agreement that the director may examine such advisoryorganization in accordance with the provisions of section379.475.

2. Every such advisory organization shall notify thedirector promptly of every change in its constitution, itsarticles of agreement or association, or its articles ofincorporation and of its bylaws, rules and regulations governingthe conduct of its business, its list of members and subscribers,and the name and address of the resident of this state designatedby it upon whom notices or orders of the director or processaffecting such organization may be served.

3. No such group, association or organization shall engagein any unfair or unreasonable practice with respect to itsactivities.

(L. 1947 V. II p. 254 § 3)