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U.S. State Codes
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Michigan
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Chapter 500 - Insurance Cod...
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Act 218 of 1956 The Insuran...
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218-1956-55 Chapter 55 Domestic Stock Insurer D...
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.