MCL - Index of 218-1956-55

NOTE: Dates reflect any modification to item, not necessarily a change in law.
Title Subject
218-1956-55 CHAPTER 55 DOMESTIC STOCK INSURER DIVISION (500.5500...500.5517)
Section 500.5500 Definitions.
Section 500.5503 Domestic stock insurer; division into 2 or more insurers; plan of division; requirements; amendment procedures; abandonment of plan.
Section 500.5505 Filing plan of division with the department; approval by board of directors and shareholders; effectiveness of certain provisions; reasonable notice.
Section 500.5507 Notice and hearing of plan required; approval and filing with department; conditions of approval; confidentiality of certain financial information; payment of department expenses; order.
Section 500.5509 Certificate of division; contents; effective date.
Section 500.5511 Division effectiveness; allocation and distribution of assets and liabilities.
Section 500.5513 Responsibilities, liabilities, and obligations of resulting insurer.
Section 500.5515 Record shareholder of non-surviving insurer right to dissent and obtain payment.
Section 500.5517 Shareholder right to dissent and obtain payment in connection with division; application of MCL 450.1762 to shareholder actions.