Fraternal Benefit Society; Reorganization Into Legal Reserve Premium Company; Amendment of Articles.

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Sec. 8204.

Any existing fraternal benefit society may amend its articles of incorporation and bylaws in such a way as to transform itself into a legal reserve level premium company doing business as a mutual company, but only after complying with the provisions of this chapter.

History: 1956, Act 218, Eff. Jan. 1, 1957
Popular Name: Act 218


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