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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)
218-1956-54 CHAPTER 54 MUTUAL LIFE AND DISABILITY INSURERS (DOMESTIC) (500.5400...500.5430)
Section 500.5402 Domestic mutual insurers; formation; reorganization.
Universal Citation: MI Comp L § 500.5402 (2017)
500.5402 Domestic mutual insurers; formation; reorganization.
Sec. 5402.
A domestic mutual insurer for the transaction of life insurance, or for the transaction of life and disability insurance, may be formed pursuant to chapter 50 and may be reorganized pursuant to chapters 59 and 60.
History: 1956, Act 218, Eff. Jan. 1, 1957 ;-- Am. 2000, Act 8, Imd. Eff. Feb. 25, 2000
Popular Name: Act 218
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