Missouri Revised Statutes

Mo. Rev. Stat. § 537.065 (2026)

Claimant and tort-feasor may contract to limit recovery to specified assets or insurance contract, when

✓ current as of May 2026
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  537.065.  Claimant and tort-feasor may contract to limit recovery to specified assets or insurance contract, when — procedure — applicability to covenant not to execute, requirements — insurer defined. — 1.  Any person having an unliquidated claim for damages against a tort-feasor, on account of personal injuries, bodily injuries, or death may enter into a contract with such tort-feasor or any insurer on his or her behalf or both if the insurer has refused to withdraw a reservation of rights or declined coverage for such unliquidated claim, whereby, in consideration of the payment of a specified amount, the person asserting the claim agrees that in the event of a judgment against the tort-feasor, neither such person nor any other person, firm, or corporation claiming by or through him or her will levy execution, by garnishment or as otherwise provided by law, except against the specific assets listed in the contract and except against any insurer which insures the legal liability of the tort-feasor for such damage and which insurer is not excepted from execution, garnishment or other legal procedure by such contract.  Execution or garnishment proceedings in aid thereof shall lie only as to assets of the tort-feasor specifically mentioned in the contract or the insurer or insurers not excluded in such contract.  Such contract, when properly acknowledged by the parties thereto, may be recorded in the office of the recorder of deeds in any county where a judgment may be rendered, or in the county of the residence of the tort-feasor, or in both such counties, and if the same is so recorded then such tort-feasor's property, except as to the assets specifically listed in the contract, shall not be subject to any judgment lien as the result of any judgment rendered against the tort-feasor, arising out of the transaction for which the contract is entered into.

  2.  If any action seeking a judgment on the claim against the tort-feasor is pending at the time of the execution of any contract entered into under this section, then, within thirty days after such execution, the tort-feasor shall provide his or her insurer or insurers with a copy of the executed contract and a copy of any such action.  If any action seeking a judgment on the claim against the tort-feasor is pending at the time of the execution of any contract entered into under this section but is thereafter dismissed, then, within thirty days after the refiling of that action or the filing of any subsequent action arising out of the claim for damages against the tort-feasor, the tort-feasor shall provide his or her insurer or insurers with a copy of the executed contract and a copy of the refiled or subsequently filed action seeking a judgment on the claim against the tort-feasor.  If no action seeking a judgment on the claim against the tort-feasor is pending at the time of the execution of any contract entered into under this section, then, within thirty days after the tort-feasor receives notice of any subsequent action, by service of process or otherwise, the tort-feasor shall provide his or her insurer or insurers with a copy of the executed contract and a copy of any action seeking a judgment on the claim against the tort-feasor.

  3.  No judgment shall be entered against any tort-feasor after such tort-feasor has entered into a contract under this section for at least thirty days after the insurer or insurers have received written notice as provided in subsection 2 of this section.

  4.  Any insurer or insurers who receive notice pursuant to this section shall have the unconditional right to intervene in any pending civil action involving the claim for damages within thirty days after receipt of such notice.  Upon intervention pursuant to this section, the intervenor shall have all rights afforded to defendants under the Missouri rules of civil procedure and reasonable and sufficient time to meaningfully assert its position including, but not limited to, the right and time to conduct discovery, the right and time to engage in motion practice, and the right to a trial by jury and sufficient time to prepare for trial.  No stipulations, scheduling orders, or other orders affecting the rights of an intervenor and entered prior to intervention shall be binding upon the intervenor.  However, nothing in this section shall alter or reduce the intervening insurer's obligations to any insureds other than the tort-feasor, including any coinsureds of the defendant tort-feasor.

  5.  The provisions of this section shall apply to any covenant not to execute or any contract to limit recovery to specified assets, regardless of whether it is referred to as a contract under this section.

  6.  All terms of any covenant not to execute or of any contract to limit recovery to specified assets, regardless of whether it is referred to as a contract under this section, shall be in writing and signed by the parties to the covenant or contract.  No unwritten term of any covenant not to execute or of any contract to limit recovery to specified assets, regardless of whether it is referred to as a contract under this section, shall be enforceable against any party to the covenant or contract, the insurer of any party to the covenant or contract, or any other person or entity.

  7.  Nothing in this section shall be construed to prohibit an insured from bringing a separate action asserting that the insurer acted in bad faith.  In any such action for bad faith, any agreement between the tort-feasor and the claimant, including any contract under this section, shall be admissible in evidence.  The exercise of any rights under this section shall not constitute, nor be construed to be, bad faith.

  8.  As used in this section, the term "insurer" shall include any entity authorized to transact liability insurance business in this state including, but not limited to, any liability insurance company organized, incorporated, or doing business pursuant to the provisions of chapter 379, any entity formed pursuant to section 537.620, any entity which is subject to sections 537.700 to 537.756, or any entity which provides risk management services to any public or private entity.

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(L. 1959 S.B. 259 § 1, A.L. 2017 H.B. 339 & 714, A.L. 2021 H.B. 345)

Notes of Decisions
Cited in 188 cases (25 in the last 5 years), 1964–2024 · leading case: Franklin Allen v. Wayne Bryers, Atain Specialty Ins. Co., 512 S.W.3d 17 (Mo. 2016).
Franklin Allen v. Wayne Bryers, Atain Specialty Ins. Co., 512 S.W.3d 17 (Mo. 2016). · cites it 70× “4 Section 537.065, RSMo 2000, allows a claimant and a tortfeasor to contract to limit recovery to specified assets or insurance coverage.”
Schmitz v. Great Am. Assurance Co., 337 S.W.3d 700 (Mo. 2011). · cites it 36× “To protect itself from potential liability, the owner entered into a section 537.065 1 agreement with the parents that limited collection of any judgment to the insurance policies.”
Truck Ins. Exch. v. Prairie Framing, LLC, 162 S.W.3d 64 (Mo. Ct. App. 2005). · cites it 27× “Prairie Framing then entered into a section 537.065 1 Agreement with the Rolfes, consented to the Rolfes’ filing of a Second Amended Petition, and stipulated to its liability for negligent supervision.”
Gulf Ins. Co. v. Noble Broadcast, 936 S.W.2d 810 (Mo. 1997). · cites it 35× “Noble, Pacific, and Fuller entered into a settlement agreement pursuant to the terms of section 537.065, RSMo 1994. The agreement provided that Pacific would pay $187,500 to Fuller.”
Bowan Ex Rel. Bowan v. Express Med. Transporters, Inc., 135 S.W.3d 452 (Mo. Ct. App. 2004). · cites it 32× “Passenger cross-appeals, arguing that the trial court erred in granting EMT’s post-trial motion to amend the judgment pursuant to section 537.065 RSMo 2000 2 because the trial court improperly reduced the judgment by the amount of a pretrial settlement rather than: (1) entering…”
Janet Winslow Peterson & Linda Winslow Lambright v. Discover Prop. & Cas. Ins. Co., 460 S.W.3d 393 (Mo. Ct. App. 2015). · cites it 34× “This appeal and cross-appeal derive from an agreement pursuant to Section 537.065 1 settling claims of wrongful death and personal injury regarding one of multiple defendants and a consent judgment entered thereon.”
Brittany Hunter v. Charles Moore, Sr., 486 S.W.3d 919 (Mo. 2016). · cites it 20× “Defendant warned that if Insurer did not withdraw its reservations of rights and dismiss him from the declaratory judgment action-, he would consider entering into a settlement agreement with Plaintiff pursuant to section 537.065. 2 In *923 response, Insurer offered Defendant a…”
Johnson v. Allstate Ins. Co., 262 S.W.3d 655 (Mo. Ct. App. 2008). · cites it 20× “Section 537.065 (1986)." In the agreement, Davis admitted that he negligently had allowed his vehicle to cross the highway center line and to collide with the Johnsons' car head on, that his blood alcohol content was .”
Ferrellgas, L.P. v. Williamson, 24 S.W.3d 171 (Mo. Ct. App. 2000). · cites it 35× “The settlement with the Wood Stove Defendants was made pursuant to Section 537.065 RSMo 1994. Under that settlement, the Wood Stove Defendants’ primary insurer, Liberty Mutual, agreed to pay its full $1,000,000 policy limits.”
Taggart v. Maryland Cas. Co., 242 S.W.3d 755 (Mo. Ct. App. 2008). · cites it 21× “In Section 537.065, RSMo 2000, the General Assembly authorized a party claiming damages for personal injuries or death to enter into an agreement with a tortfeasor before judgment against the tortfeasor to limit the claim’s satisfaction to the tortfea-sor’s specific assets,…”
Rinehart v. Anderson, 985 S.W.2d 363 (Mo. Ct. App. 1998). · cites it 22× “Anderson based on a settlement under Section 537.065 RSMo 1994. Cincinnati moved for summary judgment on the grounds that no coverage was provided for the accident under its policy because: 1) the Ford van which Mr.”
Kinnaman-Carson v. Westport Ins. Corp., 283 S.W.3d 761 (Mo. 2009). · cites it 9× “On August 1, 2006, not having received a response from Westport, the Carsons and ABC Tow entered into a settlement agreement pursuant to section 537.065, RSMo 2000. 1 On August 15, 2006, Westport sent ABC Tow a letter stating that it had reviewed the amended petition and “made…”
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