Section 500.831 Domestic Insurer's Business in Foreign Country; Variance of Mortality Standard.

MI Comp L § 500.831 (2019) (N/A)
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Sec. 831.

In case of insurance issued by a domestic insurer authorized to do business in a foreign country upon the lives of residents of that country, the commissioner may vary the mortality standard to a standard applicable to that country.

History: Add. 1961, Act 127, Eff. Sept. 8, 1961 Popular Name: Act 218