§ 375.001 Definitions
§ 375.002 Grounds for cancellation
§ 375.003 Notice of cancellation, how given — reinstatement, when
§ 375.004 Refusal to renew, when authorized — exemption, when
§ 375.005 Proof of notice, how made
§ 375.006 Immunity from liability granted, when, to whom
§ 375.007 Cancellation or refusal to issue policy on certain grounds prohibited, ..
§ 375.008 Certain insurers exempt
§ 375.011 Notice of cancellation, nonrenewal, renewal, or refusal to write, may be ..
§ 375.012 Definitions
§ 375.013 Promulgation of rules, generally, this chapter
§ 375.014 Insurance producers, license required — insurance producer license not ..
§ 375.015 Application for licensure, insurance producers
§ 375.016 Examination required for insurance producer’s license
§ 375.017 Nonresident producer’s license
§ 375.018 Issuance of producer’s license, duration — lines of authority — biennial ..
§ 375.019 Advisory board on licensing and examination of insurance producers — ..
§ 375.020 Continuing education for producers, required, exceptions — procedures — ..
§ 375.022 Registry of insurance producers maintained by insurer — termination of ..
§ 375.024 Life insurance producer examinations, review of — collection of data — ..
§ 375.025 Temporary license — to whom issued
§ 375.029 Continuing education credit, participation in professional insurance ..
§ 375.030 Continuing education, programs approved for another profession
§ 375.031 Definitions
§ 375.033 Termination of contract, notice — agent not to do business
§ 375.035 Renewal after termination of producer’s contract
§ 375.037 Director’s investigation — appeal
§ 375.039 Commercial risks, certain class, cancellation, written notice to agent ..
§ 375.041 Annual statement convention blank to be filed with NAIC, exception — ..
§ 375.046 Who deemed agent of unauthorized company
§ 375.051 Producer held as trustee of money collected
§ 375.052 Additional incidental fees — disclosure to applicant or insured
§ 375.065 Credit insurance producer license — organizational credit entity license — ..
§ 375.071 Centralized producer license registry, participation in
§ 375.076 No consideration for unlicensed persons
§ 375.106 Insurance producers, limitations on negotiated contracts
§ 375.116 Compensation of producer, regulations — not to receive pay from insured, ..
§ 375.136 Producer placing business with a nonadmitted company or nonresident is ..
§ 375.141 Suspension, revocation, refusal of license — grounds — procedure
§ 375.143 Rulemaking authority
§ 375.144 Prohibited acts in connection with the offer, sale, solicitation, or ..
§ 375.145 Violations, penalties
§ 375.146 Violation, penalty
§ 375.147 Managing general agents (MGA) — citation of law — definitions — law ..
§ 375.148 Managing general agents must be licensed producers — risks located outside ..
§ 375.149 Written contract required for placing business with insurer, content — ..
§ 375.150 Duties of insurer — appointment of or termination of contract with managing ..
§ 375.151 Acts of managing general agent acts of insurer
§ 375.152 Violations, penalties
§ 375.153 Managing general agent, director’s authority to promulgate rules
§ 375.158 Insurer shall comply with all insurance laws before doing business — ..
§ 375.159 Limited lines travel insurance producer — definitions — license, authorized ..
§ 375.161 Certificate to do business — when terminated
§ 375.163 Director shall not authorize business if management of company is ..
§ 375.164 Management contracts, to be filed with director when requested — may ..
§ 375.166 Expense of organization limited
§ 375.169 Violation of section 375.166 a misdemeanor, penalty
§ 375.176 Proceedings against promoters
§ 375.181 Officers required of companies
§ 375.183 Director to investigate incorporators, directors and proposed officers, ..
§ 375.186 Seal and bylaws
§ 375.191 Voting by proxy
§ 375.196 Adoption of same or misleadingly similar name prohibited
§ 375.198 Issuance of shares, regulations concerning
§ 375.201 Charter, amendment of, procedure for
§ 375.206 Certificate of amendment, issuance, filing — director, duties — secretary ..
§ 375.216 Certificate of amendment effective, when — amendment not to affect any ..
§ 375.221 Certificate of amendment of articles, how executed, contents
§ 375.226 Restatement of charter, articles of incorporation or association, or ..
§ 375.231 Reduction of capital stock where same has not been fully subscribed
§ 375.236 Certificate of authority revoked, when
§ 375.246 Reinsurance, when allowed as an asset or reduction from liability
§ 375.251 Actions by and against companies
§ 375.256 Service of process on companies not authorized to do business in this state
§ 375.261 Service of process — procedure
§ 375.266 Service of process valid, when
§ 375.271 Plaintiff entitled to default judgment, when
§ 375.276 Sections 375.256 to 375.271 not to abridge right to serve process in other ..
§ 375.281 Company to furnish bond or certificate of authority before pleading
§ 375.286 Postponement of action permitted, when
§ 375.291 Company may file motion to quash service — grounds
§ 375.296 Additional damages for vexatious refusal to pay
§ 375.298 Loan against policy by policyholder, insurer to give notice of interest due
§ 375.301 Exemptions from provisions of sections 375.256 to 375.301
§ 375.306 Not to act for insolvent company — guarantee fund, where deposited — ..
§ 375.310 Unauthorized persons or corporations enjoined from transaction of insurance ..
§ 375.320 Not to trade — exception
§ 375.325 Mechanical data processing equipment as assets
§ 375.326 Automobiles as assets
§ 375.330 Purchase and ownership of real estate
§ 375.340 Sale and exchange of real estate
§ 375.345 Derivative transactions permitted, conditions — definitions — rules
§ 375.347 Restriction on ownership of certain assets not exclusively controlled by an ..
§ 375.350 Reacquisition and holding of own stock, when — approval of director, when — ..
§ 375.355 Acquisition of control of one company by another, director may authorize, ..
§ 375.360 Note not considered payment — not to loan when insolvent
§ 375.370 Collateral to be assigned to company
§ 375.380 Dividends shall not be paid, when — penalty — liability of stockholder
§ 375.390 Officers not to use funds for private gain — penalty
§ 375.400 Investigation by director — duty of prosecuting attorney
§ 375.410 Penalty for violation
§ 375.420 Vexatious refusal to pay claim, damages for, exception
§ 375.421 Prepayment for policy, return of, when — limitations — violation an unfair ..
§ 375.422 Directors and officers of stock companies to report ownership
§ 375.423 Company may recover profits realized by officer or director in certain ..
§ 375.424 Unlawful for officer or director to sell equity security not owned by him — ..
§ 375.425 Provisions of 375.423 and 375.424 not to apply, when — equity security defined
§ 375.426 Director to make rules and regulations
§ 375.427 Department rules for payment of fees by and integration of systems of ..
§ 375.430 Certificate revoked if judgment not satisfied
§ 375.440 Revocation of license for failure to comply with judicial decree
§ 375.445 Company operating fraudulently or in bad faith, penalties
§ 375.460 Director to keep deposits — rights of companies
§ 375.470 Penalty for violations by director
§ 375.480 Withdrawal of securities — notice — examination by director
§ 375.490 Payment of judgments out of deposits
§ 375.500 Distribution of assets
§ 375.510 Reinsurance — rights and liabilities — insolvency
§ 375.520 Costs to be paid from deposits — amount
§ 375.530 Accounting among beneficiaries of foreign deposits
§ 375.532 Investment in debt of institution permitted, when
§ 375.534 Foreign governments or corporations, investment in permitted — conditions, ..
§ 375.535 Director to issue charges when he believes assumption of additional risks ..
§ 375.537 Impaired insurer, defined — duty to notify director — penalties for failure ..
§ 375.539 Hazardous operation, discontinuation determination, standards for — ..
§ 375.570 Manner of commencing proceedings — petition, contents
§ 375.580 Issuance, service and return of process
§ 375.600 Pleadings and proceedings, general procedures — summary hearing, purpose — ..
§ 375.610 Hearing by the court, procedures — no continuances or discovery, exceptions
§ 375.620 Referee or master to hear and report — exceptions, filed by either party
§ 375.630 Examinations and statements, evidentiary effect — case to be decided, when ..
§ 375.640 Insurance director to take charge
§ 375.650 Title of assets to vest in director — special deputy receiver, appointment, ..
§ 375.660 Disposition of assets
§ 375.670 Allowance of demands — receiver to review claims against receivership
§ 375.710 Conflict of interests — power of court — trustees
§ 375.720 Penalty for failure or refusal to deliver assets to director
§ 375.740 Payment of expenses of proceedings
§ 375.750 Reports to court — payment of claims
§ 375.771 Citation of law
§ 375.772 Association, created — definitions
§ 375.773 Accounts, types of insurance — applicability of law
§ 375.774 Certificate of contribution, issued when, shown as asset by insurer, when — ..
§ 375.775 Association, powers and duties
§ 375.776 Board of directors, selection, terms — powers and duties
§ 375.777 Director, powers and duties
§ 375.778 Claims of insured, recovery, procedures — assignment of rights to ..
§ 375.779 Immunity from liability, association and employees — unfair trade practice, ..
§ 375.780 Penalties for violation of this chapter
§ 375.786 Certificate of authority required — exceptions — acts which are deemed ..
§ 375.787 Complaint filed by director, when — injunction authorized
§ 375.788 Transaction of insurance business by unauthorized insurer, effect of
§ 375.789 Unauthorized company instituting court action must file bond or security ..
§ 375.790 Enforcement — foreign decree, qualified party, reciprocal states, defined
§ 375.791 Foreign insurance company admitted, when
§ 375.801 Renewal of certificate of authority, when — notice of refusal to renew ..
§ 375.811 Application for certificate of authority, contents (foreign company)
§ 375.821 Conditions to be met for certificate of authority (foreign company)
§ 375.831 Certificate issued when all conditions met (foreign company)
§ 375.841 Change of name by foreign or alien company, application for amended ..
§ 375.851 Amended articles, copy to be filed with director, effect of (foreign or ..
§ 375.861 Foreign company survivor of merger, documents to be filed with director
§ 375.871 Admitted foreign company may withdraw, how
§ 375.881 Revocation or suspension of certificate of authority, when (foreign company)
§ 375.891 Annual statement — reserves required, requirements in lieu of deposits ..
§ 375.892 Foreign insurance companies to maintain deposits under trust agreement, ..
§ 375.901 Foreign companies shall transact business through licensed agents and brokers
§ 375.906 Foreign companies to appoint director to receive service — methods — penalty
§ 375.908 Nonresident insurer may become domestic insurer, procedure — director may ..
§ 375.911 Service on deputy director valid, when
§ 375.916 Retaliatory tax, how assessed and paid, exceptions — workers’ compensation ..
§ 375.918 Underwriting, use of credit scores, no adverse action permitted — ..
§ 375.919 Use of language other than English permitted, when, disclosures — ..
§ 375.920 Policy form approval, disapproval — procedure
§ 375.921 Hearing on disapproval — action pending, effect on form
§ 375.922 Rules and regulations not authorized
§ 375.923 Exempt forms
§ 375.924 Contracts to contain address of insurer and notice of address change to be ..
§ 375.930 Citation of law — purpose — construction
§ 375.932 Definitions
§ 375.934 Unfair trade practices — conditions
§ 375.936 Unfair practices defined
§ 375.937 Lenders, duties — prohibited acts
§ 375.938 Director may investigate companies
§ 375.940 Procedure on charges or belief of unfair practices
§ 375.942 Administrative order for prohibited practices — penalty
§ 375.944 Judicial review — decree, order — additional evidence — finality of order, when
§ 375.945 Director’s determination, judicial review
§ 375.946 Violation of desist order, penalty
§ 375.948 Additional powers of director — promulgation of rules
§ 375.950 Definitions
§ 375.954 Director to be receiver, when — receiver has title to what, ancillary ..
§ 375.958 Ancillary receiver, appointed when, entitled to what property, duties
§ 375.962 Delinquency proceeding in this state, claimants to file claims, with whom, ..
§ 375.966 Delinquency proceeding in another state, claimants to file claims, with ..
§ 375.970 Preferred claims, how determined
§ 375.971 Definitions–federal home loan bank duties and procedures upon delinquency ..
§ 375.974 Owners of special deposit claims, priority
§ 375.978 Secured claim, may file as general creditor, may resort to security, ..
§ 375.982 Limitation on bringing proceedings, certain liens void
§ 375.986 Receiver in reciprocal state may sue
§ 375.990 Severability clause — interpretation of sections 375.950 to 375.990
§ 375.991 Fraudulent insurance act, committed, when — powers and duties of department ..
§ 375.992 Fraudulent claims for benefits — form — notice to department, when — procedure
§ 375.993 Department’s papers, report, evidence not subject to public inspection or ..
§ 375.994 Investigators to have power of subpoena — moneys, costs or fines to be ..
§ 375.995 Sex or marital status discrimination as to benefits or coverage prohibited
§ 375.1000 Citation — purpose — construction
§ 375.1002 Definitions
§ 375.1005 Improper claims practice, conditions
§ 375.1007 Improper claims practices
§ 375.1009 Director may investigate
§ 375.1010 Director may initiate proceedings
§ 375.1012 Director’s findings — cease and desist orders — penalty, suspension, ..
§ 375.1014 Judicial review
§ 375.1016 Violation of cease and desist order
§ 375.1018 Director’s powers additional to others — rules and regulations
§ 375.1025 Definitions
§ 375.1028 Applicability — exemptions
§ 375.1030 Annual audit required, report filed, when — extensions granted, when — ..
§ 375.1032 Audited financial report, contents — form
§ 375.1035 Accountant, name and address to be registered — letter, filed with ..
§ 375.1037 Qualifications of accountant — limitation of number of years, when — ..
§ 375.1038 Consolidated or combined financial statements permitted, when — worksheet , ..
§ 375.1040 Accountant’s letter, contents
§ 375.1042 Audit of financial statement by independent accountant
§ 375.1045 Report of findings of accountant to insurer, contents
§ 375.1047 Unremediated material weaknesses to be furnished to director, requirements ..
§ 375.1050 Workpapers, defined — availability to insurance examiners — confidentiality of
§ 375.1052 Temporary exemption, granted when — denial of, petition for hearing, ..
§ 375.1053 Inapplicability of statute to foreign insurers — audit committee ..
§ 375.1054 Prohibited acts — violation, penalty
§ 375.1056 Report required by insurer, when, contents
§ 375.1057 Canadian and British insurers, special requirements
§ 375.1058 Internal audit function — exemption, when — requirements
§ 375.1060 v2 Certification filed with annual statement, when — director shall promulgate ..
§ 375.1062 Severability
§ 375.1070 Inapplicability to certain insurers
§ 375.1072 Definitions
§ 375.1074 Limitation on investments, domestic insurers
§ 375.1075 Limitations on aggregate of medium or lower quality investments, requirements
§ 375.1078 Limitation on Canadian investments
§ 375.1080 Definitions
§ 375.1082 Type of insurance allowed — annual statement, form — requirements for ..
§ 375.1085 Nonresidents, requirements — requirements prior to operation — premium ..
§ 375.1087 Contributions to guaranty fund prohibited — guaranty fund to cover only ..
§ 375.1090 Purchasing group subject to insurance laws, exceptions
§ 375.1092 Purchasing group to notify director, contents — designation of director as ..
§ 375.1095 Insurance purchased by purchasing group, requirements
§ 375.1097 Premium taxes, payment of
§ 375.1100 Powers of director
§ 375.1102 Broker required for purchase of insurance — nonresident broker acceptable — ..
§ 375.1105 Hazardous financial condition of group, prohibited from selling insurance, ..
§ 375.1110 Citation of law
§ 375.1112 Definitions
§ 375.1115 Reinsurance intermediary, license issued by director — requirements — ..
§ 375.1117 Transactions between insurer and broker, written authorization required — ..
§ 375.1120 Records to be maintained by broker, duration — contents
§ 375.1122 Insurer’s use of broker, restrictions — financial condition statement required
§ 375.1125 Transactions between manager and insurer, written contract required, ..
§ 375.1127 Reinsurance manager, prohibited acts
§ 375.1130 Insurer’s use of manager, restrictions — financial condition statement required
§ 375.1132 Examination of reinsurance manager, director may conduct
§ 375.1135 Penalties, director may assess, procedures
§ 375.1137 Application fee, reinsurance intermediary license — renewal
§ 375.1140 Effective date
§ 375.1150 Citation of law — applicability
§ 375.1152 Definitions
§ 375.1154 Delinquency proceeding, director to initiate — law to govern proceedings — ..
§ 375.1155 Receiver may petition for injunctions, restraining orders — purposes — ..
§ 375.1156 Cooperation with receiver and director required — penalty
§ 375.1158 Provisions apply prospectively, exceptions — restrictions on insurer in ..
§ 375.1160 v2 Administrative supervision by director, procedures, allowed when — ..
§ 375.1161 Violations, penalties
§ 375.1162 Director may order activities to prevent delinquency proceeding
§ 375.1164 Seizure order, director may petition for, when — effects
§ 375.1165 Rehabilitation of insurer, director may petition, when — grounds
§ 375.1166 Director to serve as rehabilitator — duties — periodic accounting required ..
§ 375.1168 Director may appoint special deputies, powers — rehabilitation procedures — ..
§ 375.1170 Stay of other pending actions, duration — statute of limitations not to run
§ 375.1172 Records deemed public, when — exceptions
§ 375.1174 Director may petition for liquidation, grounds — termination of ..
§ 375.1175 Grounds for liquidation — voluntary dissolution and liquidation, conditions
§ 375.1176 Director to be liquidator — powers and duties — special deputy may be ..
§ 375.1178 Life and health policies, termination of, when
§ 375.1180 Dissolution order, director may petition for — effect
§ 375.1182 Powers of liquidator — insureds may purchase extended period to report ..
§ 375.1184 Contracts and leases of insurer, liquidator may disaffirm — procedures — ..
§ 375.1185 Notices provided by liquidator, procedures
§ 375.1186 Agent of insurer, duty to provide information to liquidator — penalty
§ 375.1188 Stay of other actions — liquidator may bring certain actions, when
§ 375.1190 List of insurer’s assets to be prepared — filing — not needed, when
§ 375.1191 Netting agreements and qualified financial contracts, exercise of certain ..
§ 375.1192 Fraudulent and voidable transfers — requirements — effects
§ 375.1194 Transfer of real property not voidable, when
§ 375.1195 Preference, voidable when, how recovered — liens, voidable when, procedure ..
§ 375.1196 Claims of creditor, surrender of preference required
§ 375.1198 Mutual credits or debts, setoffs allowed — exceptions
§ 375.1200 Report to court by liquidator, when, contents — assessment against members, ..
§ 375.1202 Reinsurers, amounts recoverable not reduced due to delinquency proceedings ..
§ 375.1204 Payment of unearned premiums required — violation, penalties
§ 375.1205 Distribution of assets, liquidator shall apply for, when — contents — ..
§ 375.1206 Proof of claim, filed when — effect of late filing
§ 375.1208 Form of proof of claim — liquidator may request additional information — ..
§ 375.1210 Contingent claims, allowed when, exceptions
§ 375.1212 Third party claims for actions against insureds, filed how — procedures
§ 375.1214 Denial of claim — appeal procedure
§ 375.1215 Subrogated claim, allowed when
§ 375.1216 Valuation of security, procedure
§ 375.1218 Classes of claims — priority of distribution
§ 375.1219 Claims allocated to separate account not chargeable with liabilities, when ..
§ 375.1220 Claim disputes — duty of liquidator — estimates allowed, when — commutation ..
§ 375.1222 Payment of claims — duties of liquidator
§ 375.1224 Unclaimed funds, deemed unclaimed property — effect
§ 375.1225 Discharge of liquidator, when
§ 375.1226 Reopening of proceedings, when
§ 375.1228 Records may be destroyed after discharge, exceptions
§ 375.1230 Audit of receivership may be ordered, when
§ 375.1232 Foreign insurers, director may petition to act as conservator, procedures — ..
§ 375.1234 Foreign insurers, petition to liquidate assets, grounds — granted when — ..
§ 375.1235 Reciprocal state, powers and duties of domiciliary liquidator — ..
§ 375.1236 Ancillary receiver, director may be appointed as — powers and duties
§ 375.1238 Power of director to institute proceedings, when
§ 375.1240 Nonresident claims, filed where
§ 375.1242 Proof of claims, nonresident insurer — procedures
§ 375.1244 Stay of actions during liquidation proceedings
§ 375.1245 Priority of nonresident claims, reciprocal states — special deposits, priority
§ 375.1246 Nonresident ancillary receiver, claims filed with — priority
§ 375.1250 Definitions
§ 375.1252 RBC report, filed when — contents — formula, how determined — adjusted RBC ..
§ 375.1255 Company action level event, occurrence of, when — effect, duties of insurer ..
§ 375.1257 Regulatory action level event, occurrence of, when — director’s duties, ..
§ 375.1260 Authorized control level event, occurrence of, when — effect, duties of ..
§ 375.1262 Mandatory control level event, occurrence of, when — effect, duties of director
§ 375.1265 Hearing, insurer’s right to, when — procedures — judicial review of order, ..
§ 375.1267 Reports and plans confidential — RBC levels are regulatory tool, limitation ..
§ 375.1269 Provisions of law supplemental to other insurance laws — rules and ..
§ 375.1270 Foreign insurers to submit RBC report to director, when — plan, submission ..
§ 375.1272 Notices, effective when
§ 375.1275 RBC reports for calendar year 1993, requirements — RBC reports for 1996, ..
§ 375.1280 Scope of law
§ 375.1282 Application of law — not applicable, when
§ 375.1285 Definitions
§ 375.1287 Notice of transfer, form, contents, filing with director, when — prior ..
§ 375.1290 Policyholder’s right to reject, procedures — second and third notices, when ..
§ 375.1292 Consent to transfer, effect
§ 375.1294 Hazardous financial condition of transferring insurer, automatic transfer, ..
§ 375.1295 Effective date — application dates
§ 375.1300 Definitions
§ 375.1303 Genetic testing by insurer, limitations — penalty — health plan, defined
§ 375.1306 Genetic information, prohibited uses by employers — penalty for violation
§ 375.1309 Confidentiality of genetic information, exceptions — penalty for violation
§ 375.1312 Domestic violence, status as a victim not to be used by insurer — ..
§ 375.1500 v2 Sections 375.1500 to 375.1527 apply to life insurance policies, exceptions
§ 375.1503 Definitions
§ 375.1506 Policies marketed without an illustration, notice to department — ..
§ 375.1509 Life insurance illustration, label, contents, use in sales presentation, ..
§ 375.1512 Basic illustration, requirements, contents
§ 375.1515 Supplemental illustrations permitted, when — notice required
§ 375.1518 Use of basic illustration at time of sale of policy, revised illustration — ..
§ 375.1521 Annual report to policy owner, contents
§ 375.1524 Illustration actuaries, qualifications, duties — annual certification
§ 375.1527 Violation of sections 375.1500 to 375.1527, penalties
§ 375.1530 v2 Application of sections 375.1500 to 375.1527
§ 375.1575 Denial of claim, disclosure by applicant not required
§ 375.1605 Insolvent insurers, claims to be handled by guaranty association — ..
§ 375.1730 Costs of coverage reported to department — rates
§ 375.1800 Residency of insurance companies, domestic and foreign
§ 375.1803 Court actions against insurance company, venue where — inapplicability, when
§ 375.1806 Uninsured and underinsured motorist coverage, venue, where

Terms Used In Missouri Laws > Chapter 375 - Provisions Applicable to All Insurance Companies

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Affirmed: In the practice of the appellate courts, the decree or order is declared valid and will stand as rendered in the lower court.
  • Allegation: something that someone says happened.
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Appellate: About appeals; an appellate court has the power to review the judgement of another lower court or tribunal.
  • Appraisal: A determination of property value.
  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Attorney-at-law: A person who is legally qualified and licensed to practice law, and to represent and act for clients in legal proceedings.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Clerk of court: An officer appointed by the court to work with the chief judge in overseeing the court's administration, especially to assist in managing the flow of cases through the court and to maintain court records.
  • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Continuance: Putting off of a hearing ot trial until a later time.
  • Contract: A legal written agreement that becomes binding when signed.
  • Conviction: A judgement of guilt against a criminal defendant.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Counterclaim: A claim that a defendant makes against a plaintiff.
  • Credit report: A detailed report of an individual's credit history prepared by a credit bureau and used by a lender in determining a loan applicant's creditworthiness. Source: OCC
  • Credit Score: A number, roughly between 300 and 800, that measures an individual's credit worthiness. The most well-known type of credit score is the FICO score. This score represents the answer from a mathematical formula that assigns numerical values to various pieces of information in your credit report. Source: OCC
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • Department: the department of commerce and insurance. See Missouri Laws 375.001
  • Dependent: A person dependent for support upon another.
  • Director: the director of the department of commerce and insurance. See Missouri Laws 375.001
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • Docket: A log containing brief entries of court proceedings.
  • Embezzlement: In most states, embezzlement is defined as theft/larceny of assets (money or property) by a person in a position of trust or responsibility over those assets. Embezzlement typically occurs in the employment and corporate settings. Source: OCC
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fair Credit Reporting Act: A federal law, established in 1971 and revised in 1997, that gives consumers the right to see their credit records and correct any mistakes. Source: OCC
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Federal Reserve System: The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States. Source: OCC
  • Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
  • Fiduciary: A trustee, executor, or administrator.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • following: when used by way of reference to any section of the statutes, mean the section next preceding or next following that in which the reference is made, unless some other section is expressly designated in the reference. See Missouri Laws 1.020
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Forgery: The fraudulent signing or alteration of another's name to an instrument such as a deed, mortgage, or check. The intent of the forgery is to deceive or defraud. Source: OCC
  • Fraud: Intentional deception resulting in injury to another.
  • Garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor
  • Germane: On the subject of the pending bill or other business; a strict standard of relevance.
  • Grantor: The person who establishes a trust and places property into it.
  • Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
  • hereafter: means the time after the statute containing it takes effect. See Missouri Laws 1.020
  • Heretofore: means any time previous to the day when the statute containing it takes effect. See Missouri Laws 1.020
  • Incompetent: if used in a section in a context relating to actual occupational ability without reference to a court adjudication of incompetency, means the actual ability of a person to perform in that occupation. See Missouri Laws 1.020
  • Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
  • Indictment: The formal charge issued by a grand jury stating that there is enough evidence that the defendant committed the crime to justify having a trial; it is used primarily for felonies.
  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • Insurer: all insurance companies, reciprocals, or interinsurance exchanges transacting the business of insurance in this state. See Missouri Laws 375.001
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Month: means a calendar month, and "year" means a calendar year unless otherwise expressed, and is equivalent to the words year of our Lord. See Missouri Laws 1.020
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.
  • Nonpayment of premium: failure of the named insured to discharge when due any of his obligations in connection with the payment of premiums on the policy, or any installment of the premium, whether the premium is payable directly to the insurer or its agent or indirectly under any premium finance plan or extension of credit. See Missouri Laws 375.001
  • Nonrenewal: the determination of an insurer not to issue or deliver a policy replacing at the end of the policy period a policy previously issued and delivered by the same insurer or a certificate or notice extending the term of a policy beyond its policy period or term. See Missouri Laws 375.001
  • Oath: A promise to tell the truth.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Outlays: Outlays are payments made (generally through the issuance of checks or disbursement of cash) to liquidate obligations. Outlays during a fiscal year may be for payment of obligations incurred in prior years or in the same year.
  • Oversight: Committee review of the activities of a Federal agency or program.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • person: may extend and be applied to bodies politic and corporate, and to partnerships and other unincorporated associations. See Missouri Laws 1.020
  • Personal property: All property that is not real property.
  • Personal property: includes money, goods, chattels, things in action and evidences of debt. See Missouri Laws 1.020
  • Place of residence: means the place where the family of any person permanently resides in this state, and the place where any person having no family generally lodges. See Missouri Laws 1.020
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • Pleadings: Written statements of the parties in a civil case of their positions. In the federal courts, the principal pleadings are the complaint and the answer.
  • Policy: a contract of insurance providing fire and extended coverage insurance, whether separately or in combination with other coverages, on owner-occupied habitational property not exceeding two families. See Missouri Laws 375.001
  • Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  • Probate: Proving a will
  • Property: includes real and personal property. See Missouri Laws 1.020
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
  • Quorum: The number of legislators that must be present to do business.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
  • Service of process: The service of writs or summonses to the appropriate party.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • 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
  • Statute: A law passed by a legislature.
  • Statute of limitations: A law that sets the time within which parties must take action to enforce their rights.
  • Subpoena: A command to a witness to appear and give testimony.
  • Summons: Another word for subpoena used by the criminal justice system.
  • Testify: Answer questions in court.
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
  • to renew: the issuance and delivery by an insurer of a policy replacing at the end of the policy period a policy previously issued and delivered by the same insurer, or the issuance and delivery of a certificate or notice extending the term of the policy beyond its policy period or term. See Missouri Laws 375.001
  • Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
  • Transcript: A written, word-for-word record of what was said, either in a proceeding such as a trial or during some other conversation, as in a transcript of a hearing or oral deposition.
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
  • Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC
  • Trustee: A person or institution holding and administering property in trust.
  • United States: includes such district and territories. See Missouri Laws 1.020
  • Usury: Charging an illegally high interest rate on a loan. Source: OCC
  • Venue: The geographical location in which a case is tried.
  • Verdict: The decision of a petit jury or a judge.
  • voter: is used in the laws of this state it shall mean registered voter, or legal voter. See Missouri Laws 1.035
  • Writ: A formal written command, issued from the court, requiring the performance of a specific act.