PocketLaw | Michigan Compiled Laws | Chapter 60 Reorganization of

Chapter 60 Reorganization of Mutual Insurers (500.6001...500.6031)

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Section
500.6001

Definitions.

Section
500.6003

Reorganization of Mutual Company; Formation.

Section
500.6005

Reorganization Plan; Adoption; Amendment; Withdrawal.

Section
500.6007

Reorganization Plan; Contents.

Section
500.6009

Reorganization Plan; Operation and Support of Closed Block of Business.

Section
500.6011

Reorganization Plan; Filing of Documents; Hearing; Approval or Disapproval of Plan by Commissioner; Conditions for Approval; Retention and Assistance of Qualified Expert.

Section
500.6013

Reorganization Plan; Membership Meeting; Notice; Quorum; Vote; Proxy; Voter Eligibility.

Section
500.6015

Documents to Be Filed After Plan Approval.

Section
500.6017

Mutual Holding Company; Articles of Incorporation.

Section
500.6019

Reorganization Plan; Conditions for Plan to Take Effect.

Section
500.6023

Membership Interest in Mutual Holding Company.

Section
500.6025

Mutual Holding Company; Powers and Duties.

Section
500.6027

Transfer, Assignment, or Diversion of Business From Converted Business.

Section
500.6029

Receipt of Fee, Commission, or Other Consideration; Payment of Costs and Expenses.

Section
500.6031

Substantial Compliance With Notice Requirements; Commencement of Action Challenging Validity of Certain Acts or Commissioner's Decision.