MCL - Section 500.4024

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Chapter 500
Act 218 of 1956
218-1956-40
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THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956


500.4024 Nonforfeiture benefits; cash surrender values; provision required.

Sec. 4024.

     Each life insurance policy shall contain a provision for nonforfeiture benefits and cash surrender values in accordance with the requirements of section 4058, 4060, or 4061.


History: 1956, Act 218, Eff. Jan. 1, 1957 ;-- Am. 1993, Act 349, Eff. Oct. 1, 1994
Popular Name: Act 218