Section 500.8188 - Duration of license or authorization to transact business; copy of license as evidence.
THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956
500.8188 Duration of license or authorization to transact business; copy of license as evidence.
Sec. 8188.
A society that is licensed or authorized to transact business in this state may continue the business and the authority of the society until the society's license or authority is suspended or revoked by the commissioner or is terminated at the society's request. A duly certified copy or duplicate of the license shall be prima facie evidence that the licensee is a fraternal benefit society within the meaning of this chapter.
History: Add. 1990, Act 1, Eff. Apr. 1, 1990
Popular Name: Act 218