PURPOSE: This rule requires each management contract to be filed with the director within five days after its execution. This rule was adopted pursuant to the provisions of section 374.045, RSMo and implements section 375.164, RSMo.

1. (1) All agreements or contracts under which any person, organization or corporation enjoys in fact the exclusive or dominant right to manage or control any insurer doing business under any of the insurance laws of this state shall be filed with the director of insurance within five (5) days after the execution of the agreement or contract or, if the agreement is presently in existence, within five (5) days (August 20, 1974) from the effective date of this rule (August 15, 1974).
2. (2) Management agreements or contracts by or between the insurer and its directors, officers, attorneys-in-fact or regular employees need not be filed under this rule.

AUTHORITY: sections 374.045 and 375.164, RSMo 1986.* This rule was previously filed as 4 CSR 190-10.040. Original rule filed Aug. 5, 1974, effective Aug. 15, 1974. *Original authority: 374.045, RSMo 1967 and 375.164, RSMo 1939, amended 1967. Rebecca McDowell Cook (6/30/99)*