Each policyholder shall pay to the association in the first policy year, in addition to the premium payment due for insurance through the association, an amount equal to said premium payment. Such charge shall be separately stated in the policy.
Mo. Rev. Stat. § 383.165
Additional first year charge to policyholders
Effective: 28 Aug 1976; (L. 1976 H.B. 1309 § 4)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.