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Mo. Rev. Stat. § 379.560

Value of equitable interests of nonassenting stockholders or policyholders..

Known as the The Casualty and Surety Rate Regulatory Law

The act spans §§ 379–379 (298 sections).

Effective: 28 Aug 1939; (RSMo 1939 § 5999); Prior revisions: 1929 § 5888; 1919 § 6298

If the assent be obtained as provided in section 379.535, but there be any stockholders or policyholders who have not at such meeting given their assent to such propositions to reorganize and extend and continue the corporate existence of the company under the general insurance statutes of the state, and such stockholders or policyholders shall not thereafter and prior to the expiration of the time herein provided for the filing of the petition of said company in the circuit court have delivered to such company their written assent or ratification of such propositions, then such equitable interests or proportions, if any, as such stockholders or policyholders not so assenting or ratifying such propositions have in the net assets which such company had at the time originally limited by law or its charter for the termination of its corporate existence shall be ascertained and paid and distributed to them as herein provided.

Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.