THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956

500.4224 Nonforfeiture benefit; automatic option; provision required.

Sec. 4224.

There shall be a provision if more than 1 nonforfeiture benefit is provided, as to which of such benefits shall apply in the event 1 of the available benefits is not selected as required by the policy.

History: 1956, Act 218, Eff. Jan. 1, 1957
Popular Name: Act 218

Rendered 8/16/2025 12:33 AM
Michigan Compiled Laws Complete Through PA 5 of 2025
Courtesy of legislature.mi.gov