287.360. Director may suspend or revoke permits and ask for a receiver. — For any violation of the provisions of this chapter the director of the department of commerce and insurance may suspend or revoke the authority of any insurance carrier to do business in this state. If any insurance carrier fails or delays to pay any compensation finally determined to be due, the director shall hear the complaint, and if such failure is without reasonable excuse he may revoke or suspend the authority of such carrier to do business in this state, and in a proper case may apply for the appointment of a receiver for such carrier.
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(RSMo 1939 § 3720)
Prior revision: 1929 § 3330
---- end of effective 28 Aug 1939 ----
use this link to bookmark section 287.360
Effective dates prior to 1940 may not be the actual effective date. See FAQ 'When do laws become effective?'
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