If the director shall apply, either at the time of or after the filing of the petition referred to in section 375.570, the court may, if the court deems it necessary, authorize him or a special deputy appointed for such purpose to temporarily take charge of the property of the defendant and to receive its premiums and other income until a final decree is rendered.
Mo. Rev. Stat. § 375.640
Insurance director to take charge
Known as the Insurance Producers Act
The act spans §§ 375–375 (383 sections).
Effective: 28 Aug 1992; (RSMo 1939 § 6057, A.L. 1992 H.B. 1574); Prior revisions: 1929 § 5946; 1919 § 6354; 1909 § 7084
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.