Section 500.4127 - License to sell variable annuities required to sell modified guaranteed annuity contracts.
THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956
500.4127 License to sell variable annuities required to sell modified guaranteed annuity contracts.
Sec. 4127.
A person, corporation, partnership, or other legal entity shall not sell or offer for sale in this state any modified guaranteed annuity contract unless licensed to sell variable annuities under this act.
History: Add. 1991, Act 85, Imd. Eff. July 18, 1991
Popular Name: Act 218