Section 500.8228 - Reorganization; plan; approval by insurance commissioner; vote; results.

THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956

500.8228 Reorganization; plan; approval by insurance commissioner; vote; results.

Sec. 8228.

Any such plan of transformation submitted to the supreme governing body as herein contemplated, must first have been approved by the commissioner; and the result of said vote must be filed with such commissioner and be by him determined before any transformation shall be so effective.


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