375.921. Hearing on disapproval — action pending, effect on form.
118 words·~1 min read·
/mo/chapter-375/375-921A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
375.921. Hearing on disapproval — action pending, effect on form. — The administrative hearing commission shall hear the petition, and if it finds the policy form shall be disapproved, it shall render specific findings of fact and law disapproving the policy form in that it is not in compliance with the insurance laws of this state and does not contain such words, phraseology, conditions and provisions which are specific, certain and unambiguous and reasonably adequate to meet the needed requirement of those insured under such policies. In all other cases the policy form shall stand approved. During the pending of any action all such forms shall be deemed approved.
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(L. 1979 S.B. 276 & 277 § 2)