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Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS

Chapter 377

previous next Effective - 28 Aug 1959bottom

  377.199.  No companies formed under sections 377.200 to 377.460 after August 29, 1959. — 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.

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(L. 1959 H.B. 196 § 1)


---- end of effective   28 Aug 1959 ----

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