License to sell variable annuities required to sell modified guaranteed annuity contracts.
MCL 500.4127
in effect500.4127. License to sell variable annuities required to sell modified guaranteed annuity contracts.
Sec. 4127.
A person, corporation, partnership, or other legal entity shall not sell or offer for sale in this state any modified guaranteed annuity contract unless licensed to sell variable annuities under this act.
Add. 1991, Act 85, Imd. Eff. July 18, 1991
[PopularName] Act 218
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-500-4127Fetched: 10/20/2026
