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  4. Michigan
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  6. Chapter 500 - Insurance Cod...
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  8. Act 218 of 1956 The Insuran...
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  10. 218-1956-60 Chapter 60 Reorganization of Mutual...


218-1956-60 Chapter 60 Reorganization of Mutual Insurers (500.6001...500.6031)


  • Section 500.6001 Definitions.
  • Section 500.6003 Reorganization of Mutual Company; Formation.
  • Section 500.6005 Reorganization Plan; Adoption; Amendment; Withdrawal.
  • Section 500.6007 Reorganization Plan; Contents.
  • Section 500.6009 Reorganization Plan; Operation and Support of Closed Block of Business.
  • Section 500.6011 Reorganization Plan; Filing of Documents; Hearing; Approval or Disapproval of Plan by Commissioner; Conditions for Approval; Retention and Assistance of Qualified Expert.
  • Section 500.6013 Reorganization Plan; Membership Meeting; Notice; Quorum; Vote; Proxy; Voter Eligibility.
  • Section 500.6015 Documents to Be Filed After Plan Approval.
  • Section 500.6017 Mutual Holding Company; Articles of Incorporation.
  • Section 500.6019 Reorganization Plan; Conditions for Plan to Take Effect.
  • Section 500.6023 Membership Interest in Mutual Holding Company.
  • Section 500.6025 Mutual Holding Company; Powers and Duties.
  • Section 500.6027 Transfer, Assignment, or Diversion of Business From Converted Business.
  • Section 500.6029 Receipt of Fee, Commission, or Other Consideration; Payment of Costs and Expenses.
  • Section 500.6031 Substantial Compliance With Notice Requirements; Commencement of Action Challenging Validity of Certain Acts or Commissioner's Decision.
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