1. Any company operating under the provisions of sections 380.201 to 380.591 may do business throughout the state of Missouri but may not do business outside this state. The counties the company proposes to do business in shall be specified in its articles of incorporation and in the certificate of authority issued by the director.

2. All such companies must maintain a membership of at least one hundred members.

Terms Used In Missouri Laws 380.231

  • Director: the director of the department of commerce and insurance. See Missouri Laws 380.005
  • 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

3. The name of any such company shall not be deceptively similar to any other insurance company authorized to do business in this state.

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