Mich. Admin. Code R. 500.992

Current through Vol. 24-17, October 1, 2024

Section R. 500.992 - Purpose

Rule 2. The purpose of these rules is to prescribe the following:

(a) Requirements for statements of actuarial opinion that are to be submitted in accordance with MCL 500.830a of the Standard Valuation Law, and for memoranda in support thereof.

(b) Rules applicable to the appointment of an appointed actuary.

(c) Guidance as to the meaning of "adequacy of reserves."

Mich. Admin. Code R. 500.992

2006 AACS