Section 500.8214 - Reorganization; authorization by insurance commissioner; modification.
THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956
500.8214 Reorganization; authorization by insurance commissioner; modification.
Sec. 8214.
If satisfied that the interests of the membership of said society are properly protected and that no reasonable objection to said petition exists, the commissioner may authorize in writing, such transformation, or may first require such modification thereof as may seem to him necessary for the best interests of such membership.
History: 1956, Act 218, Eff. Jan. 1, 1957
Popular Name: Act 218