Revisor Home

previous nextEffective 28 Aug 2007

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS

  Chapter 374back to chapter 374

  374.280.  Civil penalty or forfeiture ordered when, how enforced. — 1.  The director may, after a hearing under section 374.046, order a civil penalty or forfeiture payable to the state of Missouri authorized by section 374.049, which penalty or forfeiture, if unpaid within ten days, may be recovered by a civil action brought by and in the name of the director under section 374.048.  The civil action may be brought in the county which has venue of an action against the person, partnership or corporation under other provisions of law.  The director may also suspend or revoke the license or certificate of authority of such person for any willful violation.

  2.  Nothing contained in this section shall be construed to prohibit the director and any person subject to an investigation, examination, or other proceeding from agreeing to a voluntary forfeiture of the sum mentioned herein without civil proceedings being instituted.  Any sum so agreed upon shall be paid into the school fund as provided by law for other fines and penalties.

­­--------

(L. 1967 p. 516, A.L. 1993 H.B. 709, A.L. 2007 S.B. 66)

(1982) Legislature did not expressly provide private cause of actions for violation of section 379.118, although director of division of insurance may suspend or revoke license of an insurer for any willful violation of chapter 374. Shqeir v. Equifax, Inc. (Mo. banc) 636 S.W.2d 944.


< end of effective 28 Aug 2007 >

use this link to bookmark section 374.280


In accordance with Section 3.090, the language of statutory sections enacted during a legislative session are updated and available on this website on the effective date of such enacted statutory section. Revisor Home    

Other Information
 Recent Sections Editorials May Be Cited As Tables & Forms Multiple Enact
Repeal & Transfer Definitions

Site changes Contact
Other Links
Oversight Library MO WebMasters
Senate
Missouri Senate
State of Missouri
MO.gov
House
Missouri House
 Errors / suggestions - WebMaster@LR.mo.gov 
Marie Elizabeth Oliver
History and Fun Facts
 ©Missouri Legislature, all rights reserved.
google bing

 5