This bill amends the Michigan Code of Criminal Procedure by updating Section 15a of Chapter XVII, which pertains to specific felonies outlined in Chapters 500 to 550 of the Michigan Compiled Laws. The amendments include the insertion of new categories and descriptions for various offenses related to the insurance code, such as violations involving holding companies, fraudulent insurance acts, and improper personal interests in transactions. Notably, the bill also modifies existing classifications and descriptions, including changes to the categorization of certain offenses and the removal of outdated language.

Additionally, the bill stipulates that it will not take effect unless House Bill No. 4716 is enacted into law. This conditional enactment underscores the interconnected nature of legislative measures and the importance of concurrent passage for the intended legal changes to take effect.

Statutes affected:
House Introduced Bill: 777.15
As Passed by the House: 777.15