There is a newer version of the Michigan Compiled Laws
2006 Michigan Compiled Laws - CHAPTER 11 REINSURANCE (500.1101...500.1127)
Act 218 of 1956 REINSURANCE |
Document | Description |
Section 500.1101 | "Qualified United States financial institution" defined. |
Section 500.1103 | Credit for reinsurance as asset or reduction from liability; accredited reinsurer; trust fund; report to commissioner; assuming insurer not meeting requirements of section or authorized to transact insurance; obligation to arbitrate; trust agreement. |
Section 500.1105 | Reduction from liability by ceding insurer to assuming insurer not meeting requirements of § 500.1103; security. |
Section 500.1106-500.1120 | Repealed. 1972, Act 360, Imd. Eff. Jan. 9, 1973. |
Section 500.1121 | Applicability of §§ 500.1123 to 500.1127 to certain insurers. |
Section 500.1123 | Reinsurance agreement; conditions prohibiting reduction in liability or establishment of asset; approval of commissioner; filing agreements. |
Section 500.1124 | Repealed. 1972, Act 360, Imd. Eff. Jan. 9, 1973. |
Section 500.1125 | Reinsurance agreement; use; execution; "reasonable period of time" defined; provisions; assumption of obligations by life and health insurance guaranty association. |
Section 500.1127 | Reinsurance agreements; reduction to zero of certain reserve credits or assets. |
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