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Document Type(s): MCLs
Public Act Number: 244
Public Act Year: 2015
(12 results found)
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Document Type Description
Section 500.1301 Section Insurance holding companies; definitions.
Section 500.1311 Section Merging with or acquiring control of domestic insurer; statement; filing confidential notice of proposed divestiture; notice by person proposing to merge or acquire control of domestic insurer; “domestic insurer” explained.
Section 500.1312 Section Statement filed with director; contents; duties.
Section 500.1315 Section Merger or acquisition of control; approval by director; public hearing; determination; contested case hearing.
Section 500.1325 Section Registration statement; form; contents; other reports or information required.
Section 500.1325a Section Annual enterprise risk report.
Section 500.1333 Section Registration statement; failure to file.
Section 500.1341 Section Transactions within holding company system; certain insurers as party; standards; prior approval; transactions entered into by domestic insurers; notification; separate transactions; review by director; total investment exceeding 10% of corporation's voting securities.
Section 500.1343 Section Ordinary shareholder dividends paid by domestic insurers; review by director; determination of reasonableness; factors; limiting or disallowing payment of shareholder dividends; declaration or payment from earned surplus; declaration of shareholder dividend by domestic insurer as member of insurance holding company system; extraordinary dividend or distribution to shareholders; hearing.
Section 500.1351 Section Examination of insurer or affiliates; information; experts; expenses.
Section 500.1355 Section Examination of insurer or affiliates; privilege and confidentiality of information; use of materials; written consent; disclosure; notice; publication in interest of public; sharing documents; written agreement; responsibility of director; group capital calculation.
Section 500.1371 Section Violation of chapter; action by director; criminal proceeding; penalty; disapproval of dividends or distributions.