Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS Chapter 379 • Effective - 28 Aug 2007 379.1338. Standards for risk management of controlled unaffiliated business. — The director may promulgate rules under section 374.045 establishing standards to ensure that a parent or affiliated company is able to exercise control of the risk management function of any controlled unaffiliated business to be insured by the pure captive insurance company; provided, however, that, until such time as rules under this section are adopted, the director may approve the coverage of such risks by a pure captive insurance company. -------- (L. 2007 S.B. 215)
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