Termination, notice required

§ 385.312 RSMo — under Credit Insurance and Service Contracts.

§ 385.312 RSMo

385.312. Termination, notice required. — As applicable, an insurer that issued a reimbursement insurance policy shall not terminate or nonrenew the policy until a notice of termination has been mailed or delivered to the director. The termination or nonrenewal of a reimbursement insurance policy shall not reduce the issuer's responsibility for service contracts issued by providers prior to the date of the termination.

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(L. 2007 H.B. 221)

Effective 1-01-08, see § 385.321