Nonforfeiture benefits; cash surrender values; provision required.
MCL 500.4024
in effect500.4024. Nonforfeiture benefits; cash surrender values; provision required.
Sec. 4024.
Each life insurance policy shall contain a provision for nonforfeiture benefits and cash surrender values in accordance with the requirements of section 4058, 4060, or 4061.
1956, Act 218, Eff. Jan. 1, 1957; Am. 1993, Act 349, Eff. Oct. 1, 1994
[PopularName] Act 218
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-500-4024Fetched: 10/20/2026
