380.141. Unsatisfied judgment against company, restraining order for transaction of new business. - Missouri Statutes

Unsatisfied judgment against company, restraining order fortransaction of new business.

380.141. Whenever any judgment is obtained in any of thecourts of this state against any Missouri mutual insurancecompany doing business in this state under the provisions ofsections 380.011 to 380.151, from which no appeal is taken, or ifan appeal is taken and no appeal bond is given as in other casesof appeals in civil procedure, and the judgment remainsunsatisfied for sixty days after execution has been lawfullyissued thereon, upon the filing of a petition for injunctiverelief by the party in whose favor the judgment is rendered, inthe court in which the judgment was rendered, the court shallissue an injunction restraining the company from the furthertransaction of any new business in this state until the judgmentshall be fully satisfied.

(L. 1984 H.B. 1498)

Effective 1-1-85