Sec. 11. Corporations formed in pursuance of this act shall not be considered as engaged in the business of life insurance, nor shall they be subject to the provision of the statutes relating to life insurance or mutual benefit companies, associations or corporations.
Mich. Comp. Laws § 457.511
Insurance business
1887, Act 83, Imd
Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.