☰ Revisor of Missouri

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS

Chapter 375

Effective - 28 Aug 1977 bottom

  375.002.  Grounds for cancellation. — 1.  A notice of cancellation of a policy shall be effective only if it is based on one or more of the following reasons:

  (1)  Nonpayment of premium; or

  (2)  Fraud or material misrepresentation affecting the policy or in the presentation of a claim thereunder, or violation of any of the terms or conditions of the policy; or

  (3)  The named insured or any occupant of the property has been convicted of a crime arising out of acts increasing the hazard insured against; or

  (4)  Physical changes in the property insured which increase the hazards originally insured.

  2.  This section shall not apply to any policy or coverage which has been in effect less than sixty days at the time notice of cancellation is mailed or delivered by the insurer unless it is a renewal policy.

  3.  This section shall not apply to nonrenewal.

­­--------

(L. 1977 S.B. 300 § 2)


---- end of effective   28 Aug 1977 ----

use this link to bookmark section  375.002


Click here for the Reorganization Act of 1974 - or - Concurrent Resolutions Having Force & Effect of Law
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 Pictures Contact

Other Links
Oversight MOLIS Library MO WebMasters
Senate
Missouri Senate
State of Missouri
MO.gov
House
Missouri House

@02:02:13.1 26 :)