500.5403 Mutual holding company as domestic mutual insurance company.
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/mi/chapter-500/500-5403A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
500.5403 Mutual holding company as domestic mutual insurance company.
Sec. 5403.
A mutual holding company resulting from a reorganization under chapter 60 shall be considered a domestic mutual insurance company under this act except that the mutual holding company shall not be issued a certificate of authority to issue policies or transact the business of insurance.
History: Add. 2000, Act 8 , Imd. Eff. Feb. 25, 2000
Popular Name: Act 218