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2017 Michigan Compiled Laws
Chapter 500 - Insurance Code of 1956
Act 218 of 1956 THE INSURANCE CODE OF 1956 (500.100 - 500.8302)
218-1956-41 CHAPTER 41 MODIFIED GUARANTEED ANNUITIES (500.4101...500.4127)
Section 500.4127 License to sell variable annuities required to sell modified guaranteed annuity contracts.
Universal Citation: MI Comp L § 500.4127 (2017)
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.
History: Add. 1991, Act 85, Imd. Eff. July 18, 1991
Popular Name: Act 218
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