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Form a Business

Participation in surplus; provision required.

MCL 500.4214
in effect
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500.4214. Participation in surplus; provision required. Sec. 4214. There shall be a provision that the insurer shall annually ascertain and apportion any divisible surplus accruing on the policy. 1956, Act 218, Eff. Jan. 1, 1957 [PopularName] Act 218
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-500-4214Fetched: 10/20/2026

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