Domestic Insurer's Business in Foreign Country; Variance of Mortality Standard.

  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 8 Assets and Liabilities (500.808...500.842)
  6. Domestic Insurer's Business in Foreign Country; Variance of Mortality Standard.

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Sec. 831.

In case of insurance issued by a domestic insurer authorized to do business in a foreign country upon the lives of residents of that country, the commissioner may vary the mortality standard to a standard applicable to that country.

History: Add. 1961, Act 127, Eff. Sept. 8, 1961
Popular Name: Act 218


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