Missouri Revised Statutes













Chapter 375

Provisions Applicable to All Insurance Companies

←375.380

Section 375.390.1

375.400→

August 28, 2015

Officers not to use funds for private gain--penalty.

375.390. No officer, stockholder, agent or employee of any insurance

company, formed under the laws of this state, or doing business herein,

shall, directly or indirectly, use or employ, or permit others to use or

employ, any of the money, funds or securities of such company for private

profit or gain, and any such use shall be deemed a felony, punishable, upon

conviction, by imprisonment in the penitentiary not less than two years nor

more than five years for each offense.



(RSMo 1939 § 6037)



Prior revisions: 1929 § 5926; 1919 § 6334; 1909 § 7065







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