376.510. Penalty for violation of section 376.500.
Penalty for violation of section 376.500.
376.510. Any life insurance company or association which may violate anyof the provisions of section 376.500 or which may permit any of its agents orrepresentatives in this state to violate said provisions, shall have itscertificate of authority, or license to transact business in Missouri, revokedby the state director of the department of insurance, financial institutionsand professional registration, and shall be, for a period of five years,barred from the further transaction of business in this state; and any agent,solicitor or representative in this state of any such insurance company orassociation, who shall violate any of the provisions of section 376.500, shallbe deemed guilty of a misdemeanor, and on conviction thereof, in any court ofcompetent jurisdiction in this state, shall be fined not less than fifty normore than five hundred dollars for each such offense, or imprisoned in thecounty or city jail, for not less than thirty days nor more than six months,or by both such fine and imprisonment.
(RSMo 1939 § 5841)Prior revisions: 1929 § 5730; 1919 § 6140; 1909 § 6935