There is a newer version of the Michigan Compiled Laws
2010 Michigan Compiled Laws
Chapter 500 - INSURANCE CODE OF 1956
Act 218 of 1956 - THE INSURANCE CODE OF 1956 (500.100 - 500.8302)
218-1956-13 - CHAPTER 13 HOLDING COMPANIES (500.1301...500.1379)
THE INSURANCE CODE OF 1956 (EXCERPT)Act 218 of 1956 Chapter 13
HOLDING COMPANIES
- Section 500.1301 - Insurance holding companies; definitions.
- Section 500.1305 - Domestic insurers; organization or acquisition of subsidiaries; book of business; value; admitted asset; limitation; amortization; annual test; definition; authority of commissioner.
- Section 500.1311 - Merging with or acquiring control of domestic insurer; statement; domestic property and casualty insurer with 200 employees or fewer; filing notification; “domestic insurer” explained.
- Section 500.1312 - Statement filed with commissioner; contents.
- Section 500.1313 - Partnership, syndicate or other group; statement filed with commissioner, amendment.
- Section 500.1314 - Alternative filing materials.
- Section 500.1315 - Merger or acquisition of control; approval of commissioner; hearing.
- Section 500.1316 - Information to shareholders; expense; bond; examination or investigation.
- Section 500.1317 - Exemptions.
- Section 500.1318 - Violations.
- Section 500.1319 - Jurisdiction of actions arising out of violations; consent to process.
- Section 500.1324 - Insurers subject to registration; time.
- Section 500.1325 - Registration statement; form; contents; other reports or information required.
- Section 500.1326 - Registration statement; nonmaterial information not disclosed.
- Section 500.1327 - Registration statement; reporting material changes or additions and distributions to shareholders.
- Section 500.1328 - Registration; termination.
- Section 500.1329 - Consolidated registration statements.
- Section 500.1330 - Registration on behalf of affiliated insurer.
- Section 500.1331 - Exemptions.
- Section 500.1332 - Petition for disclaimer of affiliation; filing; contents; effect; disallowance.
- Section 500.1333 - Registration; failure to file.
- Section 500.1334 - Person subject to registration; providing information to insurer.
- Section 500.1341 - Transactions within holding company system; certain insurers as party; standards; prior approval; transactions entered into by domestic insurers; notification; separate transactions; review by commissioner; total investment exceeding 10% of corporation's voting securities.
- Section 500.1342 - Application of MCL 500.436a.
- Section 500.1343 - Review by commissioner of ordinary shareholder dividends paid by domestic insurers; determination of reasonableness; factors; limiting or disallowing payment of shareholder dividends; declaration or payment from earned surplus; domestic insurer as member of insurance holding company system; extraordinary distribution to shareholders; hearing.
- Section 500.1344 - Officers and directors; obligation or liability; common management or cooperative or joint use of personnel, property, or services.
- Section 500.1351 - Examination of insurer or affiliates; experts; expenses.
- Section 500.1355 - Examination of insurer or affiliates; confidentiality of information, written consent; notice, publication in interest of public.
- Section 500.1361 - Issuance of rules and orders.
- Section 500.1365 - Injunctions; violation of chapter, rule or order.
- Section 500.1367 - Voting certain securities prohibited; injunction.
- Section 500.1368 - Voting securities in violation of chapter; sequestration of securities.
- Section 500.1371 - Violation of chapter; action by commissioner; criminal proceeding; penalty.
- Section 500.1375 - Violation of chapter; receivership.
- Section 500.1377 - Liquidation or rehabilitation; recovery of certain distributions or payments.
- Section 500.1378 - Failure by commissioner to act or make determination; petition for writ of superintending control.
- Section 500.1379 - Violation of chapter; suspension, revocation or refusal to renew license.
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