Michigan Laws 500.944 – Accounts receivable; includable as qualified assets
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Terms Used In Michigan Laws 500.944
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
Qualified assets for purposes of section 901 include the value of any amounts receivable from insurers authorized to transact insurance in this state.