| Section 500.5200 |
Section |
Applicability of chapter. |
| Section 500.5202 |
Section |
Life, accident or sickness insurers; reorganization under code. |
| Section 500.5204 |
Section |
Companies deemed bodies corporate and politic; corporation law applicable. |
| Section 500.5205 |
Section |
Proof of corporate existence and authority to insure. |
| Section 500.5206 |
Section |
Corporate powers; enumeration; exercise by board of directors. |
| Section 500.5208 |
Section |
Corporate powers; limitations; applicability of prohibition; services performed in connection with noninsured benefit plan; provisions; interference with rights and obligations under collective bargaining agreement prohibited; report; liability of employee covered under noninsured benefit plan; “noninsured benefit plan” or “plan” defined. |
| Section 500.5208a |
Section |
Definitions; prohibited conduct; probable cause of violation; notice of hearing; opportunity to confer and discuss complaint and proceedings; action for damages; hearing; findings and decision; cease and desist order; processing claims for benefits; interest; claim form; service contract provisions; violation of section; penalties; severability. |
| Section 500.5209 |
Section |
Insurer's name; restrictions. |
| Section 500.5210 |
Section |
Dealing in commodities prohibited; exception. |
| Section 500.5214 |
Section |
Articles of incorporation; amendment. |
| Section 500.5215 |
Section |
Articles of domestic stock insurer; amendment as to increase, decrease, or reclassification of capital stock. |
| Section 500.5216 |
Section |
Articles; amendment as to reduction of capital; condition; methods of effecting reduction. |
| Section 500.5218 |
Section |
Increase or decrease of capital stock; authorization by commissioner; approval by stockholders; vote; final approval; par value of stock; issuance of new stock. |
| Section 500.5220 |
Section |
Blank forms for amending articles. |
| Section 500.5222 |
Section |
Corporate life; extension. |
| Section 500.5224 |
Section |
Corporate life; expiration, liquidation. |
| Section 500.5228 |
Section |
Bylaws; adoption; filing. |
| Section 500.5230 |
Section |
Special meetings of stockholders or members; notice of meetings. |
| Section 500.5232 |
Section |
Voting rights; stockholders, members, proxies, fiduciaries, pledgees. |
| Section 500.5234 |
Section |
Stockholders and members; voting rights, quorum. |
| Section 500.5236 |
Section |
Voting rights; inspectors of election. |
| Section 500.5238 |
Section |
Trustees or directors; residency requirement; director as policyholder of insurer; meetings; frequency; oath. |
| Section 500.5239 |
Section |
Repealed. 1988, Act 290, Eff. Jan. 1, 1989. |
| Section 500.5240 |
Section |
Discharging duties of director or officer; commencement of action for failure to perform duties. |
| Section 500.5241 |
Section |
Indemnification against expenses of action, suit, or proceeding generally. |
| Section 500.5242 |
Section |
Indemnification against expenses of action, suit, or proceeding; additional provisions. |
| Section 500.5242a |
Section |
Indemnification against expenses of action, suit, or proceeding; mandatory; standard of conduct; determination. |
| Section 500.5242b |
Section |
Payment of expenses in advance of final disposition of action, suit, or proceeding; undertaking. |
| Section 500.5242c |
Section |
Indemnification or advancement of expenses not exclusive of other rights; indemnification inuring to benefit of heirs, executors, and administrators. |
| Section 500.5242d |
Section |
“Corporation” defined for purposes of MCL 500.5241 to 500.5242c. |
| Section 500.5243 |
Section |
Repealed. 1988, Act 290, Eff. Jan. 1, 1989. |
| Section 500.5244 |
Section |
Liability for payment under invalid law or ordinance. |
| Section 500.5245 |
Section |
Board of directors; quorum; special meetings; consent to action taken without meeting. |
| Section 500.5246 |
Section |
Officers and agents; appointment, removal, bond. |
| Section 500.5248 |
Section |
Directors, officers, and employees of domestic insurer; compensation. |
| Section 500.5252 |
Section |
Director or officer of insurance corporation; receiving money or valuables for, or having pecuniary interest in, purchase, sale, or loan prohibited; certain transactions not prohibited; issuing certificate of exemption; hearing; refusal to issue certificate; order; judicial review; violation as felony; penalty. |
| Section 500.5256 |
Section |
Records relating to insurer's business or affairs; locations; production; safekeeping of securities, notes, mortgages, or other evidences of indebtedness; exceptions; holding certificates in name of nominee; indorsement; control or possession of certificate; reproduction of records; removal of records; hearing; findings, decision, and order; violation of section; liability; failure to comply with order; transfer of domicile. |
| Section 500.5258 |
Section |
Acknowledgments. |
| Section 500.5260 |
Section |
Stock certificates; substitutions. |
| Section 500.5264 |
Section |
Expenditures, vouchers, and affidavits. |
| Section 500.5266 |
Section |
Dividends to stockholders; general provision. |
| Section 500.5267 |
Section |
Dividends to stockholders; domestic fire insurance company. |
| Section 500.5270 |
Section |
Insurer's rights as stockholder in other corporations. |
| Section 500.5272 |
Section |
Domestic fire insurance company; deficiency of assets; notice; cessation of business; liability. |
| Section 500.5274 |
Section |
Domestic fire insurance company; assessment of stockholders. |
| Section 500.5276 |
Section |
Domestic fire insurance company; liability of directors under new risks accepted during deficiency. |
| Section 500.5280 |
Section |
Domestic mutual insurer; assets; deficiency; liability of director. |
| Section 500.5282 |
Section |
Domestic stock insurer; statement of beneficial ownership of equity securities. |
| Section 500.5283 |
Section |
Unfair use of information; prevention; actions for recovery of profits; limitations; exempt transactions. |
| Section 500.5283a |
Section |
Acquisition of stock or stock option; exemption from MCL 500.5283; conditions; definition. |
| Section 500.5283b |
Section |
Selection of director or officer to whom stock allocated or options granted; exercise of discretion; director or committee member as disinterested person; section inapplicable to certain options or equity securities. |
| Section 500.5283c |
Section |
Stock purchase plan; limitations. |
| Section 500.5284 |
Section |
Securities not owned; sale; failure to deliver to transferee; exception. |
| Section 500.5285 |
Section |
Nonapplication of sections to certain transactions. |
| Section 500.5286 |
Section |
Foreign or domestic arbitrage transactions; exemptions. |
| Section 500.5287 |
Section |
Equity security; definition. |
| Section 500.5288 |
Section |
Registered equity securities; exemptions; conditions. |
| Section 500.5289 |
Section |
Insurance commissioner; regulatory powers; effect of good faith. |
| Section 500.5290 |
Section |
Unlawful solicitation; use of name to solicit proxies or consents. |