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

500.6608 Capital stock issuance limitations; par value.

Sec. 6608.

The amount of capital stock of any company organized under the provisions of this chapter shall not be less than $200,000.00, in shares of the par value of $50.00 each.

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

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Michigan Compiled Laws Complete Through PA 5 of 2025
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