Sec. 4161.
For a consumer purchasing an individual annuity, the consumer shall be given a copy of the annuity policy within a reasonable time after the annuity is accepted and issued.
History: Add. 2012, Act 544, Eff. June 1, 2013
Structure Michigan Compiled Laws
Chapter 500 - Insurance Code of 1956
Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)
218-1956-41A - Chapter 41a Annuity Recommendation to Consumers (500.4151...500.4166)
Section 500.4151 - Definitions.
Section 500.4153 - Scope of Chapter.
Section 500.4157 - Repealed. 2012, Act 544, Eff. June 1, 2013.
Section 500.4158 - Insurer's Supervision System.
Section 500.4159 - Dissuading Consumer From Certain Acts Prohibited.
Section 500.4160 - Sale of Annuities; Completion of Annuity Training Course; Requirements.
Section 500.4161 - Copy of Annuity Policy.
Section 500.4163 - Records; Maintenance, Availability.
Section 500.4165 - Applicability of Subsections; Definitions.
Section 500.4166 - Compliance With Chapter; Violation Orders.