2006 Michigan Compiled Laws - Mich. Comp. Laws § 500.8204 Fraternal benefit society; reorganization into legal reserve premium company; amendment of articles.

THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956


500.8204 Fraternal benefit society; reorganization into legal reserve premium company; amendment of articles.

Sec. 8204.

Any existing fraternal benefit society may amend its articles of incorporation and bylaws in such a way as to transform itself into a legal reserve level premium company doing business as a mutual company, but only after complying with the provisions of this chapter.


History: 1956, Act 218, Eff. Jan. 1, 1957
Popular Name: Act 218



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