LegalFix
Sign In

Section 500.1327 Registration Statement; Reporting Material Changes or Additions and Distributions to Shareholders.

MI Comp L § 500.1327 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Sec. 1327.

Each registered insurer shall keep current the information required to be disclosed in its registration statement by reporting all material changes or additions within 15 days after the end of the month in which it learns of each change or addition. Subject to section 1343, each registered insurer shall report all dividends and other distributions to shareholders within 2 business days following the declaration.

History: Add. 1970, Act 136, Imd. Eff. July 29, 1970 ;-- Am. 1992, Act 182, Imd. Eff. Oct. 1, 1992 Popular Name: Act 218

Previous Section
Section 500.1326 Registration Statement; Nonmaterial Information Not Disclosed.
Next Section
Section 500.1328 Registration; Termination.