2009 Michigan Laws 500.5266 – Dividends to stockholders; general provision
Current as of: 2009 | Check for updates
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Sec. 5266.
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.
History: 1956, Act 218, Eff. Jan. 1, 1957
Popular Name: Act 218