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Statutes > Michigan Statutes > Chapter 500 - INSURANCE CODE OF 1956 > Act 218 of 1956 - THE INSURANCE CODE OF 1956 (500.100 - 500.8302) > 218-1956-82 - CHAPTER 82 TRANSFORMATION OF FRATERNAL BENEFIT SOCIETIES (500.8204...500.8254)

218-1956-82 - CHAPTER 82 TRANSFORMATION OF FRATERNAL BENEFIT SOCIETIES (500.8204...500.8254)

  • Section 500.8204 - Fraternal benefit society; reorganization into legal reserve premium company; amendment of articles.
  • Section 500.8206 - Reorganization; proposed articles and bylaws; filing with insurance commissioner.
  • Section 500.8208 - Reorganization; hearing on petition.
  • Section 500.8210 - Reorganization; member's right to appear.
  • Section 500.8212 - Reorganization; examination; witnesses.
  • Section 500.8214 - Reorganization; authorization by insurance commissioner; modification.
  • Section 500.8216 - Reorganization; order; disposition of assets.
  • Section 500.8218 - Reorganization; submission of plan to governing body of society; meeting.
  • Section 500.8220 - Reorganization; special meeting; notice; approval; required vote; proxies.
  • Section 500.8224 - Reorganization; members; referendum.
  • Section 500.8228 - Reorganization; plan; approval by insurance commissioner; vote; results.
  • Section 500.8232 - Reorganization; plan; adoption requirements.
  • Section 500.8240 - Applicability of MCL 500.8204 to 500.8232.
  • Section 500.8242 - Reorganization; effect; continuation of original corporation; powers; officers.
  • Section 500.8246 - Amendment or reincorporation; saving clause.
  • Section 500.8250 - Liens upon certificates; notices to members; application of section.
  • Section 500.8254 - Certificates of membership; valuation; reserve; annual statement.




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