Missouri Laws 378.628 – Examination, director may conduct — expenses
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1. The director, or any person he may appoint, may examine any domestic, foreign or alien society transacting or applying for admission to transact business in this state in the same manner as authorized for examination of domestic, foreign or alien insurers. Requirements of notice and an opportunity to respond before findings are made public as provided in the laws regulating insurers shall also be applicable to the examination of societies.
2. The expense of each examination and of each valuation, including compensation and actual expense of examiners, shall be paid by the society examined or whose certificates are valued, upon statements furnished by the director.
Terms Used In Missouri Laws 378.628
- Director: the director of the department of commerce and insurance. See Missouri Laws 378.604
- Laws: the society's articles of incorporation, constitution and bylaws, however designated. See Missouri Laws 378.604
- person: may extend and be applied to bodies politic and corporate, and to partnerships and other unincorporated associations. See Missouri Laws 1.020
- Society: a fraternal benefit society, unless otherwise indicated. See Missouri Laws 378.604
- State: when applied to any of the United States, includes the District of Columbia and the territories, and the words "United States" includes such district and territories. See Missouri Laws 1.020