Chapter 48 Protected Cell Insurance Companies (500.4801...500.4813)

  1. Law
  2. Michigan Compiled Laws
  3. Insurance Code of 1956
  4. 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)
  5. Chapter 48 Protected Cell Insurance Companies (500.4801...500.4813)

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Section
500.4801

Definitions.

Section
500.4803

Protected Cells; Establishment; Written Approval of Commissioner; Name or Designation; Attribution of Assets and Liabilities; Attachment of Security Interest; Contracting With Third Party; Identification of Protected Cell Assets and Protected Cell Liabilities.

Section
500.4805

Income Credited to or Charged Against Protected Cell; Insurance Securitization; Language to Be Contained in Documentation; Cessation of Business of Protected Cell.

Section
500.4807

Creditors; Recourse; Activities, Assets, and Obligations Not Subject to Chapters 77 and 79; Establishment of Protected Cell Not Considered Fraudulent Conveyance.

Section
500.4809

Receiver to Deal With Protected Cell Company's Assets and Liabilities; Effect of Order of Conservation, Rehabilitation, or Liquidation.

Section
500.4811

Insurance Securitization Not Considered Insurance or Reinsurance Contract; Investor Not Considered as Conducting Insurance Business in State.

Section
500.4813

Rules, Regulations, or Orders.