FIRST REGULAR SESSION

HOUSE BILL NO. 965

91ST GENERAL ASSEMBLY


INTRODUCED BY REPRESENTATIVES LIESE AND WALTON (Co-sponsors).

Read 1st time March 13, 2001, and 1000 copies ordered printed.

TED WEDEL, Chief Clerk

2263L.03I


AN ACT

To amend chapter 375, RSMo, by adding thereto one new section relating to the cash value of insurance policies.




Be it enacted by the General Assembly of the state of Missouri, as follows:

Section A. Chapter 375, RSMo, is amended by adding thereto one new section, to be known as section 375.299, to read as follows:

375.299. Notwithstanding any other provision of law to the contrary, the cash value of an insurance policy shall not be subject to the claim of a general creditor.



Missouri House of Representatives