Mich. Comp. Laws § 500.5803

Current through Public Act 151 of the 2024 Legislative Session

Section 500.5803 - Mutual holding company resulting from reorganization considered as domestic mutual insurance company

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.

MCL 500.5803

Add. 2000, Act 8, Imd. Eff. 2/25/2000.