Go To Top capitol dome
Michigan Legislature
Michigan Compiled Laws Complete Through PA 19 of 2024
House: Adjourned until Tuesday, April 9, 2024 1:30:00 PM
Senate: Adjourned until Tuesday, April 9, 2024 10:00:00 AM


Updated website coming soon!

Michigan Legislature

Main Content

218-1956-9
Search within this Statute for

THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956
Chapter 9
INVESTMENTS

DocumentTypeDescription
Section 500.900SectionRepealed. 1969, Act 318, Eff. Mar. 20, 1970.
Section 500.901SectionAsset requirements for insurers.
Section 500.902SectionInvestments by domestic insurer; amount in qualified asset required; definition.
Section 500.904SectionRepealed. 1957, Act 91, Eff. Sept. 27, 1957.
Section 500.906, 500.908SectionRepealed. 1969, Act 318, Eff. Mar. 20, 1970.
Section 500.910SectionCertificates of deposit or depository receipts; construction as deposits of cash.
Section 500.912SectionQualified assets; description; limitation on governmental securities.
Section 500.914SectionQualified assets as guaranteed interest bonds.
Section 500.916SectionQualified assets as federal financing agency stock.
Section 500.917SectionMortgage-backed securities; certain securities described in secondary mortgage market enhancement act of 1984 subject to limitations; definition.
Section 500.917aSectionDefinitions; asset-backed securities.
Section 500.918SectionQualified assets by solvent institution; authorization; mortgage loans; equipment trust certificates; fixed interest bearing obligations.
Section 500.920SectionNet earnings available for fixed charges; definition.
Section 500.922SectionQualified assets in stocks, bonds, or evidences of corporate indebtedness; authorization.
Section 500.924SectionQualified assets in preferred stock; conditions.
Section 500.925SectionApplication of amounts paid life insurer to purchase of retirement benefits; income, gains, or losses on accounts; limitations on charges and deductions; investment or amounts allocated; standards; “contract on a variable basis” defined; compliance with investment company act of 1940; identification of investments and liabilities; “investment company act of 1940” defined; rules.
Section 500.926-500.931SectionRepealed. 1969, Act 318, Eff. Mar. 20, 1970.
Section 500.932SectionQualified assets in shares of savings and loan associations.
Section 500.933SectionRepealed. 1969, Act 318, Eff. Mar. 20, 1970.
Section 500.934SectionQualified assets in farm loan bonds, intermediate credit bank loans, central bank for cooperatives, home loan banks, federal savings and loan insurance corporation obligations; authorization.
Section 500.938SectionQualified assets.
Section 500.942SectionQualified assets in real estate loans; purchase of loan or certificate of participation.
Section 500.943SectionQualified assets; derivative instruments and transactions.
Section 500.944SectionAccounts receivable; includable as qualified assets.
Section 500.945SectionRepealed. 1994, Act 226, Imd. Eff. June 27, 1994.
Section 500.946SectionHome office, lands, and buildings; includable as qualified assets.
Section 500.947SectionIncome producing real estate and housing projects; includable as qualified assets.
Section 500.948SectionRepealed. 1969, Act 318, Eff. Mar. 20, 1970.
Section 500.950, 500.951SectionRepealed. 1969, Act 318, Eff. Mar. 20, 1970.
Section 500.960SectionRepealed. 1969, Act 318, Eff. Mar. 20, 1970.
up icon