379.690. Statement of condition and affairs may be required by director--restriction on liability of members.

MISSOURI STATUTES AND CODES

379.690. Statement of condition and affairs may be required by director--restriction on liability of members.

Statement of condition and affairs may be required bydirector--restriction on liability of members.

379.690. There shall be filed with the director of the department ofinsurance, financial institutions and professional registration of this state,by the attorney, a statement under the oath of the attorney, showing in thecase of fire insurance, the maximum amount of indemnity upon any single risk,and the attorney shall, whenever and as often as the same shall be required,file with the director of the department of insurance, financial institutionsand professional registration a statement verified by his oath to the effectthat he has examined the commercial rating of the subscribers as shown by thereference book of a commercial agency having at least one hundred thousandsubscribers, and that from the examination or from* other information in hispossession, it appears that no subscriber has assumed on any single fireinsurance risk an amount greater than ten percent of the net worth of thesubscriber.