Michigan § 500.1127 - Reinsurance agreements; reduction to zero of certain reserve credits or assets.
Full text of Michigan Michigan Compiled Laws § 500.1127 — Reinsurance agreements; reduction to zero of certain reserve credits or assets., with citation guidance and answers to common questions.
§ 500.1127. Reinsurance agreements; reduction to zero of certain reserve credits or assets.
Insurers subject to sections 1121 through 1125 shall reduce to zero by December 31, 1994 any reserve credits or assets established with respect to reinsurance agreements entered into prior to the effective date of this chapter that, under the provisions of this chapter, would not be entitled to recognition as reserve credits or assets, so long as those reinsurance agreements were in compliance with laws or regulations in effect immediately preceding the effective date of this chapter.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 500.1127
What does Michigan Compiled Laws § 500.1127 cover?
Section 500.1127 ("Reinsurance agreements; reduction to zero of certain reserve credits or assets.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 500.1127?
A common citation format is "Michigan Compiled Laws § 500.1127" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 500.1127 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.