2006 Michigan Compiled Laws - CHAPTER 60 Reorganization of Mutual Insurers (500.6001...500.6031)

THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956 Chapter 60
Reorganization of Mutual Insurers

Document	Description
Section 500.6001	Definitions.
Section 500.6003	Reorganization of mutual company; formation.
Section 500.6005	Reorganization plan; adoption; amendment; withdrawal.
Section 500.6007	Reorganization plan; contents.
Section 500.6009	Reorganization plan; operation and support of closed block of business.
Section 500.6011	Reorganization plan; filing of documents; hearing; approval or disapproval of plan by commissioner; conditions for approval; retention and assistance of qualified expert.
Section 500.6013	Reorganization plan; membership meeting; notice; quorum; vote; proxy; voter eligibility.
Section 500.6015	Documents to be filed after plan approval.
Section 500.6017	Mutual holding company; articles of incorporation.
Section 500.6019	Reorganization plan; conditions for plan to take effect.
Section 500.6023	Membership interest in mutual holding company.
Section 500.6025	Mutual holding company; powers and duties.
Section 500.6027	Transfer, assignment, or diversion of business from converted business.
Section 500.6029	Receipt of fee, commission, or other consideration; payment of costs and expenses.
Section 500.6031	Substantial compliance with notice requirements; commencement of action challenging validity of certain acts or commissioner's decision.

Disclaimer: These codes may not be the most recent version. Michigan may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.