Michigan Compiled Laws § 500.6400 Scope Of Chapter.

500.6400 Scope of chapter.

Sec. 6400.

(1) This chapter applies only to domestic insurers transacting life, disability, or loss of position insurances, as defined in section 6406, on the cooperative or assessment plan.

(2) Corporations heretofore organized and/or doing business under the provisions of Act No. 339 of the Public Acts of 1937, as amended, shall hereafter be subject to the provisions of this chapter and shall hereafter be classified as insurers doing business under this chapter.

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

Compiler's Notes: Act 339 of 1937, referred to in this section, amended Act 256 of 1917 which was repealed by Act 218 of 1956.
Popular Name: Act 218

Section: 500.6400  500.6402  500.6406  500.6410  500.6412  500.6414  500.6418  500.6422  500.6428  500.6432  500.6434  500.6436  500.6440  500.6446  500.6450  Next

Last modified: October 10, 2016