Michigan Code § 500.7315

Investments; Interests in Realty.
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Sec. 7315.
In addition to the classes of investments authorized by chapter 9, any title insurer may invest in and hold interests in real estate acquired in the process of settling claims asserted under its title policies subject to the provisions of subsection (4) of section 948.
History: Add. 1966, Act 221, Imd. Eff. July 11, 1966 Popular Name: Act 218

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