License to sell variable annuities required to sell modified guaranteed annuity contracts.

Mich. Comp. Laws § 500.4127, under THE INSURANCE CODE OF 1956.

Mich. Comp. Laws § 500.4127

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.