Section 2

Act 242 of 1945, § 2, under INSURANCE COMPANIES TO TRANSACT BUSINESS OUTSIDE UNITED STATES.

Act 242 of 1945, § 2

Section 2. Domestic stock and mutual insurance companies, other than life, may accept any and all kinds of reinsurance, other than life insurance and annuities, provided that such company shall maintain a minimum policyholders' surplus as now required by law.