Sec. 4125.
If the law or regulation in the place of domicile of a foreign insurer provides a degree of protection to the policyholders and the public that is substantially similar to that provided by these regulations, the commissioner to the extent considered appropriate by him or her may consider compliance with that law or regulation as compliance with this chapter.
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.