MCL - Index of 218-1956-48

NOTE: Dates reflect any modification to item, not necessarily a change in law.
Title Subject
218-1956-48 CHAPTER 48 PROTECTED CELL INSURANCE COMPANIES (500.4801...500.4813)
Section 500.4801 Definitions.
Section 500.4803 Protected cells; establishment; written approval of commissioner; name or designation; attribution of assets and liabilities; attachment of security interest; contracting with third party; identification of protected cell assets and protected cell liabilities.
Section 500.4805 Income credited to or charged against protected cell; insurance securitization; language to be contained in documentation; cessation of business of protected cell.
Section 500.4807 Creditors; recourse; activities, assets, and obligations not subject to chapters 77 and 79; establishment of protected cell not considered fraudulent conveyance.
Section 500.4809 Receiver to deal with protected cell company's assets and liabilities; effect of order of conservation, rehabilitation, or liquidation.
Section 500.4811 Insurance securitization not considered insurance or reinsurance contract; investor not considered as conducting insurance business in state.
Section 500.4813 Rules, regulations, or orders.