Effective - 28 Aug 1986
176.515. Workers' compensation liability, may be covered, separate account. — Any association organized under the provisions of sections 176.500 to 176.540 may include among the types of risks shared liability imposed by chapter 287 relating to workers' compensation liability. To the extent workers' compensation liability is covered, the association shall be subject to the requirements of chapter 287 and shall maintain a separate account therefor. Funds allocated to the workers' compensation account shall not be used to pay claims arising out of other types of risks undertaken by the association; provided, however, that nothing contained in this section shall prevent the commingling of funds for the purposes of investment or the allocation of expenses between the workers' compensation account and other accounts of the association.
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(L. 1986 H.B. 1387 § 4)
Structure Missouri Revised Statutes
Title XI - Education and Libraries
Section 176.010 - Definitions.
Section 176.030 - Power to issue and sell revenue bonds.
Section 176.035 - Priority of liens of successive series of bonds, how fixed.
Section 176.040 - Bonds not to be considered an indebtedness.
Section 176.050 - May issue serial bonds or term bonds — rate of interest — sale of bonds.
Section 176.060 - Refunding of bonds.
Section 176.070 - Governing body to provide details — rights of bondholders.
Section 176.080 - Bonds to be issued pursuant to resolution.
Section 176.085 - Health and educational facilities, payment of bonds.
Section 176.500 - Risk management associations, who may form.
Section 176.505 - Articles of association or declaration of trust, contents, file with director.
Section 176.510 - Types of risks that may be shared — association may reinsure risk.
Section 176.515 - Workers' compensation liability, may be covered, separate account.
Section 176.520 - Associations exempt from provisions of insurance law.
Section 176.525 - Associations may make bylaws.
Section 176.530 - Annual audit report, file with director.
Section 176.540 - Service of process on association, nonmembers, how.