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Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS

  Chapter 375back to chapter 375

  375.811.  Application for certificate of authority, contents (foreign company). — 1.  A foreign insurance company in order to secure a certificate of authority to transact business in this state shall make application therefor to the director.  The application shall set forth:

  (1)  The name of the company and the state under the laws of* which it was incorporated or organized;

  (2)  The date of its incorporation and the period of its duration;

  (3)  The address, including street and number of its principal office, in the state under the laws of which it is organized;

  (4)  The names of the states and countries, if any, in which it is admitted or qualified to transact business;

  (5)  The kinds of insurance it is authorized to write in its state of organization;

  (6)  The kinds of insurance it proposes to write in this state;

  (7)  A statement of the aggregate number of shares it has outstanding, if any, and the par value thereof and the amount of surplus as regards to policyholders; and

  (8)  Any additional information which the director may require to enable him to determine whether the company is entitled to a certificate of authority to transact business in this state and to determine and assess the taxes, fees and charges payable as prescribed by Missouri law.

  2.  The application shall be made on forms prescribed and furnished by the director and shall be executed by the company by its president or a vice president or executive officer corresponding thereto and verified by the officer, and if a corporation, the corporate seal shall be thereto affixed, attested by its secretary or other proper officer.

  3.  There shall be delivered to the director the application for the certificate of authority, and attached thereto shall be the following:

  (1)  A copy of its articles of incorporation or articles of association as amended, duly certified by the proper officer of the state under whose laws the company is organized or incorporated;

  (2)  A copy of its bylaws or regulations and if a fraternal benefit society, a copy of its constitution certified by its secretary or officer corresponding thereto;

  (3)  A certificate from the proper official of the state or country wherein the company is incorporated or organized that it is duly incorporated or organized and is authorized to write the kinds of insurance which it proposes to write in this state and is duly licensed to do business in its home state;

  (4)  The appointment of the Missouri director of the department of commerce and insurance as attorney to accept service of legal process in Missouri executed on the forms furnished by his office as prescribed by section 375.906;

  (5)  A copy of the most recent annual statement of the company on the standard form prescribed by the National Association of Insurance Commissioners or a financial statement as of such later date as the director may require;

  (6)  A copy of the last report of examination certified to by an insurance commissioner or other proper supervisory official;

  (7)  Duplicate copies of all policy forms which the company proposes to use in this state;

  (8)  A biographical sketch of the directors and officers of the company listed on the annual statement submitted by the company; and

  (9)  Such other information as the director deems necessary.

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(L. 1967 p. 516)

*Word "by" appears in original rolls.


< end of effective 28 Aug 1967 >

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