Missouri Revised Statutes
Mo. Rev. Stat. § 377.010 (2026)
Assessment plan insurance defined
✓ current as of May 2026
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377.010. Assessment plan insurance defined. — Every contract whereby a benefit is to accrue to a person or persons named therein, upon the death or physical disability of a person also named therein, the payment of which said benefit is in any manner or degree dependent upon the collection of an assessment upon persons holding similar contracts, shall be deemed a contract of insurance upon the assessment plan, and the business involving the issuance of such contracts shall be carried on in this state only by duly organized corporations which shall be subject to the provisions and requirements of sections 377.010 to 377.190.
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(RSMo 1939 § 5856)
Prior revisions: 1929 § 5745; 1919 § 6155; 1909 § 6950
Notes of Decisions
Cited in 3
cases, 1988–2014 · leading case: Bryan v. Stanton (In Re Bryan), 466 B.R. 460 (8th Cir. BAP 2012).
Bryan v. Stanton (In Re Bryan), 466 B.R. 460 (8th Cir. BAP 2012). “” Mo.Rev.Stat. § 377.010 (emphasis added). In addition, as the bankruptcy court noted, the title of the Chapter of the Missouri Statutes where §§ 377.”
In Re Williams, 82 B.R. 518 (Bankr. W.D. Mo. 1988). “090 VAMS provides as follows: “The money or other benefit, charity, relief or aid to be paid, provided or rendered by any corporation authorized to do business under sections 377.010 to 377.190, shall not be liable to attachment or other process, and shall not be seized, taken,…”
City of St. John v. Thomas Brockus, No. ED99644 (Mo. Ct. App. May 20, 2014). “for a violation of section 377.010 [driving while intoxicated] or 577.”
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