MCL - 218-1956-82

THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956
Chapter 82
TRANSFORMATION OF FRATERNAL BENEFIT SOCIETIES
Document Type Description
Section 500.8204 Section Fraternal benefit society; reorganization into legal reserve premium company; amendment of articles.
Section 500.8206 Section Reorganization; proposed articles and bylaws; filing with insurance commissioner.
Section 500.8208 Section Reorganization; hearing on petition.
Section 500.8210 Section Reorganization; member's right to appear.
Section 500.8212 Section Reorganization; examination; witnesses.
Section 500.8214 Section Reorganization; authorization by insurance commissioner; modification.
Section 500.8216 Section Reorganization; order; disposition of assets.
Section 500.8218 Section Reorganization; submission of plan to governing body of society; meeting.
Section 500.8220 Section Reorganization; special meeting; notice; approval; required vote; proxies.
Section 500.8224 Section Reorganization; members; referendum.
Section 500.8228 Section Reorganization; plan; approval by insurance commissioner; vote; results.
Section 500.8232 Section Reorganization; plan; adoption requirements.
Section 500.8240 Section Applicability of MCL 500.8204 to 500.8232.
Section 500.8242 Section Reorganization; effect; continuation of original corporation; powers; officers.
Section 500.8246 Section Amendment or reincorporation; saving clause.
Section 500.8250 Section Liens upon certificates; notices to members; application of section.
Section 500.8254 Section Certificates of membership; valuation; reserve; annual statement.