License to Sell Variable Annuities Required to Sell Modified Guaranteed Annuity Contracts.

  1. Law
  2. Michigan Compiled Laws
  3. Insurance Code of 1956
  4. 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)
  5. Chapter 41 Modified Guaranteed Annuities (500.4101...500.4127)
  6. License to Sell Variable Annuities Required to Sell Modified Guaranteed Annuity Contracts.

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Sec. 4127.

A person, corporation, partnership, or other legal entity shall not sell or offer for sale in this state any modified guaranteed annuity contract unless licensed to sell variable annuities under this act.

History: Add. 1991, Act 85, Imd. Eff. July 18, 1991
Popular Name: Act 218


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