MCL - 218-1956-50
Act 218 of 1956
ORGANIZATION OF DOMESTIC STOCK AND MUTUAL INSURERS
| Document | Type | Description |
|---|---|---|
| Section 500.5000 | Section | Scope of chapter. |
| Section 500.5001 | Section | Compliance with chapter required. |
| Section 500.5002 | Section | Organization of insurers; definitions. |
| Section 500.5006 | Section | Stock insurers; formation, number of incorporators required. |
| Section 500.5008 | Section | Articles of incorporation; blank forms; subscribing in duplicate; contents; permissible provisions; liability of director; certificate of acknowledgment. |
| Section 500.5010 | Section | Duration of corporate existence. |
| Section 500.5012 | Section | Corporate name; restrictions. |
| Section 500.5014 | Section | Par value of stock; limitations. |
| Section 500.5020 | Section | Examination of articles by attorney general; fee. |
| Section 500.5024 | Section | Securing subscribers, stockholders, or members of insurance company; sale of capital stock; required acts of incorporators; authority of commissioner. |
| Section 500.5028 | Section | Completion of organization; issuance of stock certificates; mutual corporation. |
| Section 500.5036 | Section | Liability of directors for debts during organization. |
| Section 500.5040 | Section | Examination; certificate of authority. |