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Jurisdictional Updates 5-11-2023

New Jersey – Modernization of Business Filing Statutes to Include Entity Conversion

Senate Bill 142 (Chapter 2023-38) signed by the governor May 8 and effective 180 days following enactment modernizes business filing statutes to include entity conversion and domestication.

Michigan – Domestic Insurance Company Regulations

Senate Bill 101 (Act 28) signed by the governor and effective May 8 regulates the incorporation of domestic insurance companies and associations and the admission of foreign and alien companies and associations.