Section 500.4214 - Participation in surplus; provision required.
THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956
500.4214 Participation in surplus; provision required.
Sec. 4214.
There shall be a provision that the insurer shall annually ascertain and apportion any divisible surplus accruing on the policy.
History: 1956, Act 218, Eff. Jan. 1, 1957
Popular Name: Act 218