Michigan Compiled Laws
218-1956-11 - Chapter 11 Reinsurance (500.1101...500.1127)
Section 500.1124 - Repealed. 1972, Act 360, Imd. Eff. Jan. 9, 1973.

Compiler's Notes: The repealed section pertained to administration of deposits.Popular Name: Act 218

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Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 500 - Insurance Code of 1956

Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)

218-1956-11 - Chapter 11 Reinsurance (500.1101...500.1127)

Section 500.1101 - “Qualified United States Financial Institution” Defined.

Section 500.1103 - Credit for Reinsurance as Asset or Reduction From Liability; Accredited Reinsurer; Trust Fund; Requirements; Report to Director; Certified Reinsurer Requirements; Obligation to Arbitrate; Trust Agreement; List of Reciprocal Jurisdi...

Section 500.1105 - Reduction From Liability by Ceding Insurer to Assuming Insurer Not Meeting Requirements of MCL 500.1103; Security.

Section 500.1106 - Rules.

Section 500.1108-500.1120 - Repealed. 1972, Act 360, Imd. Eff. Jan. 9, 1973.

Section 500.1121 - Applicability of MCL 500.1123 to 500.1127 to Certain Insurers.

Section 500.1123 - Reinsurance Agreement; Conditions Prohibiting Reduction in Liability or Establishment of Asset; Approval of Commissioner; Filing Agreements.

Section 500.1124 - Repealed. 1972, Act 360, Imd. Eff. Jan. 9, 1973.

Section 500.1125 - Reinsurance Agreement; Use; Execution; “Reasonable Period of Time” Defined; Provisions; Assumption of Obligations by Life and Health Insurance Guaranty Association.

Section 500.1127 - Reinsurance Agreements; Reduction to Zero of Certain Reserve Credits or Assets.