2020 Michigan Compiled Laws
Chapter 500 - Insurance Code of 1956
Act 218 of 1956 The Insurance Code of 1956 (500.100 - 500.8302)
218-1956-77 Chapter 77 (500.7701...500.7780)
Section 500.7715 Examination and Regulation of Association by Commissioner; Financial Report; Report of Activities.

Universal Citation: MI Comp L § 500.7715 (2020)
500.7715 Examination and regulation of association by commissioner; financial report; report of activities.

Sec. 7715.

The association shall be subject to examination and regulation by the commissioner. The board of directors shall submit to the commissioner, not later than May 1 of each year, a financial report for the preceding calendar year in a form approved by the commissioner and a report of the association's activities during the preceding calendar year.

History: Add. 1982, Act 194, Imd. Eff. June 28, 1982
Popular Name: Act 218

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