377.290. Distribution of surplus.
56 words·~1 min read·
/mo/chapter-377/377-290A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
377.290. Distribution of surplus. — Any corporation, company or association may provide for a return of any surplus accumulations on its limited payment or investment policies, which may be returned as a dividend, or in extended, paid-up or increased insurance.
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(RSMo 1939 § 5878)
Prior revisions: 1929 § 5767; 1919 § 6177; 1909 § 6971