Mich. Comp. Laws § 500.5266

Current through Public Act 171 of the 2024 Legislative Session
Section 500.5266 - Dividends to stockholders; general provision

No dividends shall be declared due and payable to stockholders of any stock insurance company, except out of the surplus earnings of the company unless otherwise provided for in this code.

MCL 500.5266

1956, Act 218, Eff. 1/1/1957 .