From and after the effective date of this section no stipulated premium plan life insurance company shall be organized or incorporated under the provisions of sections 377.200 to 377.460, but nothing in this section shall be construed as restricting or abridging in any manner the right of any stipulated premium plan life insurance company now incorporated and licensed to do business in this state from continuing to do business under the provisions of sections 377.200 to 377.460.
Mo. Rev. Stat. § 377.199
No companies formed under sections 377.200 to 377.460 after August 29, 1959
Applied in 1 court decision — leading case Bryan v. Stanton (In Re Bryan) (2012)
Most recently applied in Bryan v. Stanton (In Re Bryan) (March 2012)
Effective: 28 Aug 1959; (L. 1959 H.B. 196 § 1)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.