2006 Michigan Compiled Laws - CHAPTER 82 TRANSFORMATION OF FRATERNAL BENEFIT SOCIETIES (500.8204...500.8254)

THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956 Chapter 82
TRANSFORMATION OF FRATERNAL BENEFIT SOCIETIES

Document	Description
Section 500.8204	Fraternal benefit society; reorganization into legal reserve premium company; amendment of articles.
Section 500.8206	Reorganization; proposed articles and bylaws; filing with insurance commissioner.
Section 500.8208	Reorganization; hearing on petition.
Section 500.8210	Reorganization; member's right to appear.
Section 500.8212	Reorganization; examination; witnesses.
Section 500.8214	Reorganization; authorization by insurance commissioner; modification.
Section 500.8216	Reorganization; order; disposition of assets.
Section 500.8218	Reorganization; submission of plan to governing body of society; meeting.
Section 500.8220	Reorganization; special meeting; notice; approval; required vote; proxies.
Section 500.8224	Reorganization; members; referendum.
Section 500.8228	Reorganization; plan; approval by insurance commissioner; vote; results.
Section 500.8232	Reorganization; plan; adoption requirements.
Section 500.8240	Applicability of §§ 500.8204 to 500.8232.
Section 500.8242	Reorganization; effect; continuation of original corporation; powers; officers.
Section 500.8246	Amendment or reincorporation; saving clause.
Section 500.8250	Liens upon certificates; notices to members; application of section.
Section 500.8254	Certificates of membership; valuation; reserve; annual statement.

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