There is a newer version of the Michigan Compiled Laws
2006 Michigan Compiled Laws - Mich. Comp. Laws § 500.4127 License to sell variable annuities required to sell modified guaranteed annuity contracts.
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Act 218 of 1956 500.4127 License to sell variable annuities required to sell modified guaranteed annuity contracts. Sec. 4127. A person, corporation, partnership, or other legal entity shall not sell or offer for sale in this state any modified guaranteed annuity contract unless licensed to sell variable annuities under this act.
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