Michigan Laws 550.359a – Nonprofit dental care corporation subject to MCL 500.224 and 500.225; costs and expenses
Current as of: 2023 | Check for updates
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Terms Used In Michigan Laws 550.359a
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
A nonprofit dental care corporation is subject to sections 224(4) through (13) and 225 of the insurance code of 1956, Act No. 218 of the Public Acts of 1956, being section 500.224 and 500.225 of the Michigan Compiled Laws, instead of the costs and expenses that may be imposed by the commissioner pursuant to section 9.