GroundRules
← Search the law
Michigan · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Mich. Comp. Laws § 500.8159: Failure to transfer assets.

Read at publisher ↗
Where this section sits in the code
  1. MI Code
  2. Chapter 500
  3. Act Act-218-of-1956

Sec. 8159.

If an ancillary receiver in another state or foreign country, whether called by that name or not, fails to transfer to the domiciliary liquidator in this state any assets within his or her control other than special deposits, diminished only by the expenses of the ancillary receivership, if any, the claims filed in the ancillary receivership, other than special deposit claims or secured claims, shall be placed in the class of claims under section 8142(1)(h).

Collected 2026-09-14T18:32:31Z. Source file · JSON

Browse this collection