Sec. 5020. (1) Before such articles of incorporation shall be effective for any purpose the same shall be submitted to the attorney general for his examination, and if found by him to be in compliance with this code he shall so certify to the commissioner. (2) Each and every insurer hereafter incorporated, where its articles of incorporation are required to be approved by the attorney general, shall pay to the attorney general for the use and benefit of the state of Michigan, the examination fee provided for in section 240 (2). It shall be unlawful for the attorney general to approve any articles of incorporation for mutual insurers until such examination fee is paid to him.
Mich. Comp. Laws § 500.5020
Examination of articles by attorney general; fee
Applied in 1 court decision — leading case 120 Mich. App. 816 - Coates v. Attorney General (1982)
Most recently applied in 120 Mich. App. 816 - Coates v. Attorney General (November 1982)
1956, Act 218, Eff
Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.