{"data":{"id":"us-mi/mich.-comp.-laws-500.4123","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 500.4123","heading":"Annual report.","body":"Sec. 4123.\n\nAn insurer shall annually provide their contract holders with a report showing both the account value and the cash surrender value. The report shall clearly indicate that the account value is prior to the application of any surrender charges or market-value adjustment formula and shall specify the surrender charge and market-value adjustment used to determine the cash surrender value.","path":["MI Code","Chapter 500","Act Act-218-of-1956"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-500-4123","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"c97d6f1c434ac562d5b72f0329c9be1cdf84806fa6a594d290ff206fdab619b5","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-500.4121","next":"us-mi/mich.-comp.-laws-500.4125"},"notice":"GroundRules: Original legal text. Not legal advice."}