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Code · Michigan · Chapter 500 — Insurance Code of 1956

500.4127 License to sell variable annuities required to sell modified guaranteed annuity contracts.

61 words·~1 min read·/mi/chapter-500/500-4127

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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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