STATUTES

STATE STATUTES & CODES

MICHIGAN STATUTES AND CODES

218-1956-60 - CHAPTER 60 Reorganization of Mutual Insurers (500.6001...500.6031)

Section 500.6001 - Definitions.
Section 500.6003 - Reorganization of mutual company; formation.
Section 500.6005 - Reorganization plan; adoption; amendment; withdrawal.
Section 500.6007 - Reorganization plan; contents.
Section 500.6009 - Reorganization plan; operation and support of closed block of business.
Section 500.6011 - Reorganization plan; filing of documents; hearing; approval or disapproval of plan by commissioner; conditions for approval; retention and assistance of qualified expert.
Section 500.6013 - Reorganization plan; membership meeting; notice; quorum; vote; proxy; voter eligibility.
Section 500.6015 - Documents to be filed after plan approval.
Section 500.6017 - Mutual holding company; articles of incorporation.
Section 500.6019 - Reorganization plan; conditions for plan to take effect.
Section 500.6023 - Membership interest in mutual holding company.
Section 500.6025 - Mutual holding company; powers and duties.
Section 500.6027 - Transfer, assignment, or diversion of business from converted business.
Section 500.6029 - Receipt of fee, commission, or other consideration; payment of costs and expenses.
Section 500.6031 - Substantial compliance with notice requirements; commencement of action challenging validity of certain acts or commissioner's decision.

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