Section 500.7315 - Investments; interests in realty.
THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956
500.7315 Investments; interests in realty.
Sec. 7315.
In addition to the classes of investments authorized by chapter 9, any title insurer may invest in and hold interests in real estate acquired in the process of settling claims asserted under its title policies subject to the provisions of subsection (4) of section 948.
History: Add. 1966, Act 221, Imd. Eff. July 11, 1966
Popular Name: Act 218