Sec. 22.
A corporation subject to the provisions of this act is declared to be a charitable and benevolent institution, and its funds and property shall be exempt from taxation by the state, or any political subdivision.
History: 1963, Act 125, Eff. Sept. 6, 1963 Compiler's Notes: For transfer of authority, powers, duties, functions, and responsibilities of the insurance bureau and the commissioner of insurance to the commissioner of the office of financial and insurance services and the office of financial and insurance services, see E.R.O. No. 2000-2, compiled at MCL 445.2003 of the Michigan compiled laws.
Structure Michigan Compiled Laws
Chapter 550 - General Insurance Laws
Act 125 of 1963 - Nonprofit Dental Care Corporations (550.351 - 550.373)
Section 550.352 - Subscriber Contract Payment Regulations; Prohibited Provisions.
Section 550.353 - Supervision by Insurance Commissioner; Incorporation Procedures.
Section 550.354 - Articles of Incorporation; Contents.
Section 550.355 - Articles of Incorporation; Execution, Filing, Fee, Approval, Amendment.
Section 550.356 - Contracts; Statement to Insurance Commissioner; Contents, Examination.
Section 550.357 - Certificate of Authority to Commence Business and Issue Contracts; Requirements.
Section 550.358 - Certificate of Authority; Revocation; Liquidation.
Section 550.359 - Corporation Examination by Insurance Commissioner; Expenses.
Section 550.360 - Annual Statement; Filing.
Section 550.361 - Providing Dental Services Outside State.
Section 550.362 - Dental Care Service Contracts; Preliminary Requirements; Payments.
Section 550.364 - Contract Limitations; Service Classes; County Residents.
Section 550.365 - Dentists; Eligibility; Agreements With Corporation.
Section 550.367 - Reserve Funds; Maintenance; Investment.
Section 550.368 - Dental Care to Be in Accordance With Accepted Dental Practice.
Section 550.369 - Dental Care for Needy and Other Persons; Payments; Contracts.
Section 550.369a - Coordination of Benefits.
Section 550.370 - Dentist-Patient Relationship; Civil Actions.
Section 550.371 - Previously Existing Corporations Merger; Agreement, Approval.