Section 500.8216 – Reorganization; Order; Disposition of Assets.
500.8216 Reorganization; order; disposition of assets. Sec. 8216. The commissioner shall make such order and disposition of the assets of any such society as in his judgment may be just and equitable. History: 1956, Act 218, Eff. Jan. 1, 1957 Popular Name: Act 218
Section 500.8198 – Decisions and Findings of Commissioner; Judicial Review.
500.8198 Decisions and findings of commissioner; judicial review. Sec. 8198. All decisions and findings of the commissioner made under the provisions of this chapter shall be subject to review by proper proceedings in a court of competent jurisdiction in this state. History: Add. 1990, Act 1, Eff. Apr. 1, 1990 Popular Name: Act 218
Section 500.8199 – Exemptions.
500.8199 Exemptions. Sec. 8199. (1) This chapter shall not be construed to affect or apply to any of the following described organizations which were in existence and issuing benefits on July 1, 1945: (a) Grand or subordinate lodges of masons, odd fellows or knights of Pythias, exclusive of the insurance department of the supreme lodge […]
Section 500.8188 – Duration of License or Authorization to Transact Business; Copy of License as Evidence.
500.8188 Duration of license or authorization to transact business; copy of license as evidence. Sec. 8188. A society that is licensed or authorized to transact business in this state may continue the business and the authority of the society until the society’s license or authority is suspended or revoked by the commissioner or is terminated […]
Section 500.8189 – Examination of Society.
500.8189 Examination of society. Sec. 8189. (1) The commissioner, or any person he or she may appoint, may examine any domestic, foreign, or alien society transacting or applying for admission to transact business in this state in the same manner as authorized for examination of domestic, foreign, or alien insurers, shall have free access to […]
Section 500.8190 – Foreign or Alien Society; License Required; Compliance; Conditions.
500.8190 Foreign or alien society; license required; compliance; conditions. Sec. 8190. A foreign or alien society shall not transact business in this state without a license issued by the commissioner. A society desiring admission to this state shall comply substantially with the requirements and limitations of this chapter applicable to a domestic society. A foreign […]
Section 500.8191 – Domestic Society; Deficiencies; Notice; Request for Correction; Noncompliance; Action to Enjoin or Action in Quo Warranto; Hearing; Order; Findings; Liquidation; Recognition of Action; Receiver; Voluntary Determination to Discontinue Business.
500.8191 Domestic society; deficiencies; notice; request for correction; noncompliance; action to enjoin or action in quo warranto; hearing; order; findings; liquidation; recognition of action; receiver; voluntary determination to discontinue business. Sec. 8191. (1) If the commissioner upon investigation finds that a domestic society has exceeded its powers, has failed to comply with any provision of […]
Section 500.8192 – Foreign or Alien Society; Deficiencies; Notice; Request for Correction; Noncompliance; Suspension, Revocation, or Refusal of License; Contracts.
500.8192 Foreign or alien society; deficiencies; notice; request for correction; noncompliance; suspension, revocation, or refusal of license; contracts. Sec. 8192. (1) If the commissioner upon investigation finds that a foreign or alien society transacting or applying to transact business in this state has exceeded its powers, has failed to comply with any of the provisions […]
Section 500.8193 – Application or Petition for Injunction; Recognition.
500.8193 Application or petition for injunction; recognition. Sec. 8193. An application or petition for injunction against any domestic, foreign, or alien society, or lodge of such a society, shall not be recognized in any court of this state unless commenced by the attorney general upon request of the commissioner. History: Add. 1990, Act 1, Eff. […]
Section 500.8194 – Agent of Society; License Required; Exceptions.
500.8194 Agent of society; license required; exceptions. Sec. 8194. An agent of a society shall be licensed in accordance with the provisions of chapter 12 regulating the licensing, revocation, suspension, or termination of licenses of resident and nonresident agents except that an examination or license shall not be required of any regular salaried officer, employee, […]