Sec. 8. Corporations in pursuance of this act shall not be considered as engaged in the business of life insurance, nor shall they be subject to the provisions of the statute relating to life insurance companies or associations: Provided, Nothing in this act contained shall permit the making of any contract of insurance except that societies organized hereunder may make provisions for the payment of a funeral benefit of not to exceed 200 dollars.
Mich. Comp. Laws § 457.688
Insurance business; funeral benefits
1901, Act 71, Imd
Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.