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§ 500.6846 — Michigan Law | CourtGPT
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  2. Laws/
  3. Michigan/
  4. Chapter 500 - Insurance Code of 1956act 218 of 1956 - the Insurance Code of 1956 (500.100 - 500.8302)218-1956-1 -/
  5. Statute Act 218 of 1956/
  6. Division 218 1956 68/
  7. § 500.6846
Michigan Legal Code

§ 500.6846

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500.6846 Board of directors; borrowing power. Sec. 6846. The board of directors of any company organized or operating under this chapter may borrow money for the purpose of paying losses and expenses. History: 1956, Act 218, Eff. Jan. 1, 1957 Popular Name: Act 218