Effective - 28 Aug 1984, 2 histories
364.100. Definitions. — As used in sections 364.100 to 364.160, the following terms shall mean:
(1) "Director", the director of the division of finance of the state of Missouri;
(2) "Person", an individual, partnership, association, business corporation, nonprofit corporation, common law trust, joint-stock company, or any other group of individuals, however organized;
(3) "Premium finance agreement", an agreement by which an insured or prospective insured promises to pay to a premium finance company the amount advanced or to be advanced to an insurer or to an insurance agent or broker in payment of premiums of an insurance contract together with interest or discount and a service charge, as authorized and limited by sections 364.100 to 364.160;
(4) "Premium finance company", a person engaged in the business of entering into premium finance agreements or acquiring premium finance agreements from other premium finance companies.
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(L. 1984 S.B. 636 § 1)
Structure Missouri Revised Statutes
Title XXIV - Business and Financial Institutions
Chapter 364 - Retail Credit Financing Institutions
Section 364.010 - Citation of law.
Section 364.020 - Definitions.
Section 364.030 - Financial institutions to obtain license, exceptions — application — fee.
Section 364.040 - License denied or suspended, grounds — hearing and review.
Section 364.050 - Director may investigate — buyer may make complaint.
Section 364.100 - Definitions.
Section 364.105 - Registration required — fee — forms.
Section 364.110 - Records to be maintained by company.
Section 364.115 - Premium finance agreement, requirements, contents.
Section 364.125 - Other charges allowed.
Section 364.135 - Return of unearned premiums on cancellation of financed contract — time allowed.
Section 364.140 - Filing of agreement not required for validity against creditors.
Section 364.145 - Revenue deposited to state general revenue fund.