443.893. Receiver or conservator to be appointed by court, when--attorney general's duty. - Missouri Statutes

Receiver or conservator to be appointed by court, when--attorneygeneral's duty.

443.893. When the director makes a finding that a receivership orconservatorship is necessary to protect consumers of a licensee from theconsequences of the licensee's failure to comply with the provisions ofsections 443.701 to 443.893 or other unsafe and unsound practice, thedirector shall request the attorney general of this state to petition thecircuit court of Cole County or of the county in which the licensee islocated to appoint a receiver or conservator for purposes of protectingconsumers and resolving the affairs of the licensee.

(L. 1994 S.B. 718 § 34, A.L. 1995 H.B. 63, et al., A.L. 2009 H.B. 382)

Effective 7-08-09