500.4127 License to sell variable annuities required to sell modified guaranteed annuity contracts. Sec. 4127. A person, corporation, partnership, or other legal entity shall not sell or offer for sale in this state any modified guaranteed annuity contract unless licensed to sell variable annuities under this act. History: Add. 1991, Act 85, Imd. Eff. July 18, 1991 Popular Name: Act 218
Michigan Legal Code