Mutual Holding Company Resulting From Reorganization Considered as Domestic Mutual Insurance Company.

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Sec. 5803.

A mutual holding company resulting from a reorganization under chapter 60 shall be considered a domestic mutual insurance company under this act except that the mutual holding company shall not be issued a certificate of authority to issue policies or transact the business of insurance.

History: Add. 2000, Act 8, Imd. Eff. Feb. 25, 2000
Popular Name: Act 218


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