Missouri laws and rules - Study guides, Class notes & Summaries

Licensing - Renewals/ Termination Etc - ️️Brokers license renews by 6/30 of even years ($50) Salesp must renew by 9/30 of even years ($40) -2 yrs salesperson before broker - broker must notify MREC within 72 hours of termination - Salesperson has 6 months to find new broker or place on inactive - Listings belong to broker (transfer req written consent) - "Dual Contracts" to deceive lender = federal offense MO Admin Hearing Commission (MAHC) - ️️Determines guilt/innocence; i...

Depositions are a. oral questions, answered orally, asked of parties and witnesses. b. oral questions, answered orally, asked only of parties. c. written questions, answered in writing, asked of parties and witnesses. d. written questions, answered in writing, asked only of parties. - a. oral questions, answered orally, asked of parties and witnesses. Brenna confronts Noah at work as he is continually taking packets of printer paper and pens from the office supply closest for his own pers...

National Association of Insurance Commissioners (NAIC) - Answer writes rules and statutes for legeslature Director of the Department of Insurance is appointed by - Answer Governor, with the advice and consent of the senate. The Director can only be involved with an insurance company as a - Answer Policy holder Director has full power and authority to - Answer Regulate the Department of Insurance, Interpret laws, Examine records of insurer, examine the insurer's records ev...

Disciplinary action by the board may include.... How long May the board prohibit a licensee from reapplying? - correct answer 1) public censure 2) probation 3) suspension 4) revocation Up to 7 years What does the Missouri Bureau of Narcotics and Dangerous Drugs regulate? - correct answer Regulates controlled substance distribution in MO. BNDD regulates controlled substance distribution, what role does the board play? - correct answer Monitors and inspects compliance with applicable co...

MO Real Estate Exam Practice Questions and Answers Mo Statute 339 - Correct Answer ️️ -License Law RSMO 1986 License Law - Correct Answer ️️ -Any person who performs a RE service on behalf of another party for CONSIDERATION must be licensed; i.e. broker transactions, managing property, appraising, counseling, syndicating, auctioning Consideration - Correct Answer ️️ -Includes $ compensation, exchange of free services, or any other valuable good or service that a person expects...

How many states allow Telephonic Notification? - correct answer20: Arizona, Colorado, Connecticut, Delaware, Idaho, Indiana, Maryland, Mississippi, Montana, Nebraska, Ohio, Oklahoma, South Carolina, Utah, Virginia, West Virginia. With specific requirements: Michigan, Pennsylvania, Vermont, New York What does substitute notice require? - correct answer1. Posting on website homepage 2. Statewide media posting 3. E-mail notice when possible What is the threshold for substitute notice in most...

American Yawp Chapter 13, American Yawp chapter 14 Exam Questions Marking Scheme 2024 Update Where did antislavery revolutions start in the 18th century - Answer -United states, France, and Haiti When did "All men are created equal" start to spread in the US - Answer -1770s Who issued "Declaration of Rights and Man and Citizen" in 1789 - Answer -French visionaries What was the Haitian Revolution - Answer -In 1803 rebellious slaves in Haiti turned France's vaulable sugar colony i...

Missouri Laws & Rules Questions 100% Solved (rated A) A health insurance policy application may ONLY be altered with the written consent of the -ANSWER Applicant All of these statements concerning a licensee's responsibility for premiums received are true EXCEPT -ANSWER The licensee shall hold them in a fiduciary capacity before transmitting them to the insurance company In order to terminate a producer's appointment, the insurer MUST -ANSWER Send a notice of the termination to the Di...

HIT 260 STUDY REVIEW EXAM QUESTIONS. Ahima code of ethics - CORRECT ANSWER HIM professionals are bound to protect confidentiality by: When the state law is more stringent regarding confidentiality of PHI - CORRECT ANSWER Mary is comparing her Missouri state laws to HIPPA regulations (federal. In which of the following circumstances would Mary follow the state law? Criminal law - CORRECT ANSWER Public law is known as Stare decisis - CORRECT ANSWER The doctrine that the decision of t...

Missouri Property and Casualty State Laws Verified Solutions Regulation and Oversight - National Association of Insurance Commissioners (NAIC): Writes rules and statutes for the legislature. - Director of the Department of Insurance: - Appointed by the Governor with Senate advice and consent. - Acts primarily as a policyholder with regard to insurance companies. - Full authority includes regulating the insurance department, interpreting laws, and examining insurers' records. - Powers of th...