Missouri Revised Statutes
Chapter 378 - Fraternal Benefit Societies
Section 378.642 - Severability clause.

Effective - 01 Jan 1993
378.642. Severability clause. — If any provision of this chapter or the application of such provision to any circumstance is held invalid, the remainder of the chapter, or the application of the provision to other circumstances, shall not be affected thereby.
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(L. 1992 S.B. 831 § 378.638)
Effective 1-01-93

Structure Missouri Revised Statutes

Missouri Revised Statutes

Title XXIV - Business and Financial Institutions

Chapter 378 - Fraternal Benefit Societies

Section 378.601 - Fraternal benefit society, defined.

Section 378.602 - Lodge system, requirements — children's wages permitted, limitation.

Section 378.603 - Representative form of government, requirements.

Section 378.604 - Definitions.

Section 378.605 - Operation, purpose — laws and rules, power to adopt.

Section 378.606 - Laws and rules, requirements — membership rights nonassignable.

Section 378.607 - Principal office, meetings, location — official publication, annual statement, requirements.

Section 378.608 - Liability, immunity from, when — indemnification, when — insurance, purchase of for officers allowed.

Section 378.609 - Waiver of laws, restriction on, when.

Section 378.610 - Organization of, how — articles of incorporation, contents — filing — membership requirements.

Section 378.611 - Amendment of laws, procedures — amendments furnished to members.

Section 378.612 - Society may operate nonprofit organizations — may not own funeral home.

Section 378.613 - Reinsurance agreements, allowed — limitations.

Section 378.614 - Merger or consolidation, allowed when — requirements — approval of director required — effects.

Section 378.615 - Conversion to mutual life insurance company, allowed when.

Section 378.616 - Benefits authorized — rules to specify allowable beneficiaries.

Section 378.617 - Change of beneficiary, allowed — funeral benefits, payment of, limitation — no beneficiary, effect.

Section 378.619 - Certificate of ownership, issued to owner, when, contents — life benefit contract, minor effects — impairment of class of certificates, effects — filing with director, when — minor, transfer of control of contract to, when.

Section 378.620 - Cash surrender value of certificate, computation of.

Section 378.621 - Investment of funds.

Section 378.622 - Assets, use of — variable basis contracts, allowed when.

Section 378.623 - Application of law — exemption from insurance laws.

Section 378.624 - Taxation of societies, exemptions.

Section 378.625 - Valuation of certificates, standards — reserves, excess permitted.

Section 378.626 - Statement of financial condition, contents, filing — penalty.

Section 378.627 - Annual renewal required.

Section 378.628 - Examination, director may conduct — expenses.

Section 378.629 - Foreign society to have license, requirements.

Section 378.630 - Powers of director to order changes, when — may enjoin further business, when, duration — liquidation, effect.

Section 378.631 - Foreign society, director may enjoin business, when.

Section 378.632 - Injunction, who may file.

Section 378.633 - Agents, licensing of — persons not deemed agents.

Section 378.634 - Unfair practices and frauds, subject to law — exception.

Section 378.635 - Service of process, director to be agent for.

Section 378.638 - Fraudulent acts, penalties.

Section 378.640 - Law not applicable to certain societies, when — specific exemptions.

Section 378.642 - Severability clause.

Section 378.645 - Review of director's decisions, how.