Michigan § 550.360 Annual statement; filing.

Michigan Statutes

§ 550.360 — Annual statement; filing.

Michigan § 550.360

Ch. 550GENERAL INSURANCE LAWS

Act 125 of 1963NONPROFIT DENTAL CARE CORPORATIONS (550.351-550.373)

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Bluebook

Mich. Comp. Laws § 550.360 (2026).

Text

NONPROFIT DENTAL CARE CORPORATIONS (EXCERPT) Act 125 of 1963 550.360 Annual statement; filing. Sec.

10.A corporation, annually on or before March 1 of each year, shall file in the office of the commissioner of insurance a sworn statement verified by at least 2 of its principal officers showing its condition on the preceding December 31, which shall be in such form and contain such matters as the commissioner shall prescribe. If a corporation fails to file such annual statement, the commissioner may suspend the certificate of authority issued to the corporation until such statement shall be properly filed.

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NONPROFIT DENTAL CARE CORPORATIONS (EXCERPT) Act 125 of 1963 550.360 Annual statement; filing. Sec. 10. A corporation, annually on or before March 1 of each year, shall file in the office of the commissioner of insurance a sworn statement verified by at least 2 of its principal officers showing its condition on the preceding December 31, which shall be in such form and contain such matters as the commissioner shall prescribe. If a corporation fails to file such annual statement, the commissioner may suspend the certificate of authority issued to the corporation until such statement shall be properly filed.

Legislative 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.