Statutes > Michigan Statutes > Chapter 500 - INSURANCE CODE OF 1956 > Act 218 of 1956 - THE INSURANCE CODE OF 1956 (500.100 - 500.8302) > 218-1956-59 - CHAPTER 59 CONVERSION OF DOMESTIC MUTUAL INSURER TO DOMESTIC STOCK INSURER (500.5901...500.5927) > Section 500.5917 - Effectiveness of plan; conditions.

Section 500.5917 - Effectiveness of plan; conditions.

THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956

500.5917 Effectiveness of plan; conditions.

Sec. 5917.

A plan is effective when the commissioner has approved the plan, the eligible members have approved the plan, and the revised articles of incorporation have been adopted.


History: Add. 1995, Act 215, Imd. Eff. Nov. 29, 1995
Popular Name: Act 218