Mo. Rev. Stat. § 361.915

Current with changes from the 2024 Legislative Session

Section 361.915 - Implementation

1. In order to carry out the purposes of sections 361.900 to 361.1035, the director may, subject to the provisions of subsections 1 and 2 of section 361.918:

(1) Enter into agreements or relationships with other government officials or federal and state regulatory agencies and regulatory associations in order to improve efficiencies and reduce regulatory burden by standardizing methods or procedures, and sharing resources, records, or related information obtained under sections 361.900 to 361.1035;

(2) Use, hire, contract, or employ analytical systems, methods, or software to examine or investigate any person subject to sections 361.900 to 361.1035;

(3) Accept, from other state or federal government agencies or officials, licensing, examination, or investigation reports made by such other state or federal government agencies or officials; and

(4) Accept audit reports made by an independent certified public accountant or other qualified third-party auditor for an applicant or licensee and incorporate the audit report in any report of examination or investigation.

2. The director shall have the broad administrative authority to:

(1) Administer, interpret, and enforce sections 361.900 to 361.1035 and promulgate rules or regulations implementing sections 361.900 to 361.1035; and

(2) Recover the cost of administering and enforcing sections 361.900 to 361.1035 by imposing and collecting proportionate and equitable fees and costs associated with applications, examinations, investigations, and other actions required to achieve the purpose of sections 361.900 to 361.1035.

3. The director shall promulgate all necessary rules and regulations for the administration of sections 361.900 to 361.1035. Any rule or portion of a rule, as that term is defined in section 536.010, that is created under the authority delegated in this section shall become effective only if it complies with and is subject to all of the provisions of chapter 536 and, if applicable, section 536.028. This section and chapter 536 are nonseverable and if any of the powers vested with the general assembly pursuant to chapter 536 to review, to delay the effective date, or to disapprove and annul a rule are subsequently held unconstitutional, then the grant of rulemaking authority and any rule proposed or adopted after August 28, 2024, shall be invalid and void.

§ 361.915, RSMo

Added by 2024 Mo. Laws, SB 1359,s A, eff. 8/28/2024.