Section 500.8218 - Reorganization; submission of plan to governing body of society; meeting.

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

500.8218 Reorganization; submission of plan to governing body of society; meeting.

Sec. 8218.

The commissioner shall require the plan of transformation to be submitted to the supreme governing body of such society, to be voted upon. When submitted, it shall be either at a regular meeting of the supreme governing body or at a special meeting of same called for that purpose.


History: 1956, Act 218, Eff. Jan. 1, 1957
Popular Name: Act 218