{"data":{"id":"us-mi/mich.-comp.-laws-500.4228","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 500.4228","heading":"Reinstatement; provision required.","body":"Sec. 4228.\n\nThere shall be a provision that the policy may be reinstated at any time within 2 years from date of the premium in default, unless the cash value has been paid or the period of extended term insurance expired, upon evidence of insurability satisfactory to the company and payment of arrears of premiums with interest at a rate not exceeding 6% per annum payable annually.","path":["MI Code","Chapter 500","Act Act-218-of-1956"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-500-4228","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"36cef418adc590f236d9b3e893769b59a04b3545770cba3ebd8ddaa39c8e2e1f","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-500.4224","next":"us-mi/mich.-comp.-laws-500.4230"},"notice":"GroundRules: Original legal text. Not legal advice."}
