379.1540. Supervising business entity, sanctioning of license, when.
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/mo/chapter-379/379-1540A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
379.1540. Supervising business entity, sanctioning of license, when. — The license of a supervising business entity may be suspended, revoked, renewal refused, or an application refused if the director finds that a violation by a portable electronics insurance vendor was known or should have been known by the supervising business entity and the violation was neither reported to the director nor correction action taken. A violation of this section is a level three violation under section 374.049 .
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(L. 2011 S.B. 132)
Effective 1-01-12