Sec. 6608. The amount of capital stock of any company organized under the provisions of this chapter shall not be less than $200,000.00, in shares of the par value of $50.00 each.
Capital stock issuance limitations; par value.
Mich. Comp. Laws § 500.6608, under THE INSURANCE CODE OF 1956.
Mich. Comp. Laws § 500.6608