Form GD-123 Deficiency Bond for Deficiencies in Allowable Net Asset Requirement - Michigan

Form GD-123 Deficiency Bond for Deficiencies in Allowable Net Asset Requirement - Michigan

What Is Form GD-123?

This is a legal form that was released by the Michigan Department of Agriculture and Rural Development - a government authority operating within Michigan. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form GD-123?A: Form GD-123 is a Deficiency Bond for Deficiencies in Allowable Net Asset Requirement specifically for the state of Michigan.

Q: What is the purpose of Form GD-123?A: The purpose of Form GD-123 is to provide a bond that guarantees any deficiencies in the allowable net asset requirement.

Q: Who needs to fill out Form GD-123?A: Insurance companies operating in Michigan who have deficiencies in the allowable net asset requirement must fill out Form GD-123.

Q: What does the allowable net asset requirement mean?A: Allowable net asset requirement refers to the minimum amount of assets that an insurance company must maintain in order to meet regulatory standards.

Q: Is Form GD-123 specific to Michigan only?A: Yes, Form GD-123 is specific to the state of Michigan.

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Form Details:

  • Released on June 1, 2011;
  • The latest edition provided by the Michigan Department of Agriculture and Rural Development;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of Form GD-123 by clicking the link below or browse more documents and templates provided by the Michigan Department of Agriculture and Rural Development.

Download Form GD-123 Deficiency Bond for Deficiencies in Allowable Net Asset Requirement - Michigan

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