Sec. 4117.
The application for a modified guaranteed annuity shall prominently set forth immediately preceding the signature line language denoting that amounts payable under the contract are subject to a market-value adjustment prior to a date or dates specified in the contract.
History: Add. 1991, Act 85, Imd. Eff. July 18, 1991 Popular Name: Act 218
Structure Michigan Compiled Laws
Chapter 500 - Insurance Code of 1956
Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)
218-1956-41 - Chapter 41 Modified Guaranteed Annuities (500.4101...500.4127)
Section 500.4101 - Definitions.
Section 500.4103 - Delivery or Issuance by Insurer of Modified Guaranteed Annuity; Conditions.
Section 500.4105 - Sales and Advertising Material; Illustrations of Benefits Payable; Prospectus.
Section 500.4109 - Disapproval by Commissioner of Filed Material.
Section 500.4111 - Filing Requirements.
Section 500.4117 - Application for Modified Guaranteed Annuity.
Section 500.4119 - Reserve Liabilities.
Section 500.4121 - Modified Guaranteed Annuity Separate Accounts.