Michigan · Statutes
Act Act-218-of-1956
1,673 sections
1,673 sections
- Mich. Comp. Laws § 500.100Insurance code of 1956; short title.
- Mich. Comp. Laws § 500.102Definitions.
- Mich. Comp. Laws § 500.103“Revenue commissioner” defined.
- Mich. Comp. Laws § 500.106"Health maintenance organization" and "insurer" defined.
- Mich. Comp. Laws § 500.108Authorized, unauthorized insurer; definitions.
- Mich. Comp. Laws § 500.110Domestic, foreign, alien; definitions.
- Mich. Comp. Laws § 500.114Person; definition.
- Mich. Comp. Laws § 500.115Definitions.
- Mich. Comp. Laws § 500.116Additional definitions.
- Mich. Comp. Laws § 500.118Treatment of alien insurer as foreign insurer.
- Mich. Comp. Laws § 500.120Insurance, surety, or health maintenance organization transactions; compliance with act.
- Mich. Comp. Laws § 500.121Surety; rights; remedies; relief.
- Mich. Comp. Laws § 500.122Applicability of Michigan antitrust reform act.
- Mich. Comp. Laws § 500.124Exceptions.
- Mich. Comp. Laws § 500.125Service contract not subject to act; "consumer product" and "service contract" defined.
- Mich. Comp. Laws § 500.126Waiver of customer liability agreement; definitions.
- Mich. Comp. Laws § 500.127Guaranteed asset protection waiver; certificate of authority or license not required; issuance not construed as insurance; definitions.
- Mich. Comp. Laws § 500.128Additional exceptions.
- Mich. Comp. Laws § 500.129Medical retainer agreement not subject to act.
- Mich. Comp. Laws § 500.130Peer-to-peer car sharing program; shared vehicle; insured interest.
- Mich. Comp. Laws § 500.132Saving clause; incumbent officers.
- Mich. Comp. Laws § 500.134Validity of certificate of authority or license in force prior to January 1, 1957; validity of plan of operation and premium or assessment; association or facility not state agency and money thereof not state money; records exempt from disclosure; premium or assessment not burden under MCL 500.476a; “association or facility” defined.
- Mich. Comp. Laws § 500.140Saving clause; existence of domestic insurer continued.
- Mich. Comp. Laws § 500.150Violation of act; hearing; order of director; penalties; court order.
- Mich. Comp. Laws § 500.200Insurance department; establishment.
- Mich. Comp. Laws § 500.202Insurance commissioner; qualifications, office, term, appointment, approval, vacancy.
- Mich. Comp. Laws § 500.204Insurance commissioner; salary; oath; bond.
- Mich. Comp. Laws § 500.205Commissioner; powers.
- Mich. Comp. Laws § 500.206Insurance commissioner; seal, approval, renewal.
- Mich. Comp. Laws § 500.208Office of financial and insurance services; offices; expense; audit.
- Mich. Comp. Laws § 500.210Insurance commissioner; regulatory powers.
- Mich. Comp. Laws § 500.212Deputies, chief clerk and accountant, examiners, clerks, actuaries, and other assistants; oath; powers and duties; hearings; rights of parties; revocation of appointments, designations, and delegations of authority; compensation.
- Mich. Comp. Laws § 500.214Commissioner; immunity from civil liability; conditions.
- Mich. Comp. Laws § 500.216Insurance commissioner and employees; traveling and other expenses.
- Mich. Comp. Laws § 500.220Insurance commissioner and employees; service fees, prohibited gifts.
- Mich. Comp. Laws § 500.221Insurance compliance self-evaluative audit document; privilege; disclosure; exceptions; definitions.
- Mich. Comp. Laws § 500.222Examination of insurers; examination report; hearing; public inspection; disclosure of confidential information; effect of current examination; director's authority to terminate or suspend examination not limited; limitation on foreign insurer examination.
- Mich. Comp. Laws § 500.223Application for certificate of authority; fee; withdrawal of application; reapplication fee; disposition.
- Mich. Comp. Laws § 500.224Examinations and investigations of insurers; expenses; statement to insurers; employment of expert personnel; regulatory fees; expense of administering delinquency proceeding; definitions.
- Mich. Comp. Laws § 500.224aReport relating to regulatory fees.
- Mich. Comp. Laws § 500.225Insurance bureau fund; creation; deposit of fees; reversion to general fund; use of fund.
- Mich. Comp. Laws § 500.225aContract for services, supplies, and materials.
- Mich. Comp. Laws § 500.226Disclosure of confidential information; penalty.
- Mich. Comp. Laws § 500.228Examinations and investigations of insurers; report of crimes to attorney general.
- Mich. Comp. Laws § 500.230Recovery of penalty; disposition of funds.
- Mich. Comp. Laws § 500.234Insurance department; records of office; public inspection, exceptions, destruction, rules and regulations.
- Mich. Comp. Laws § 500.238Insurance commissioner; annual report to governor, contents, publication.
- Mich. Comp. Laws § 500.240Fees and charges; collection, payment, and disposition.
- Mich. Comp. Laws § 500.244Judicial review.
- Mich. Comp. Laws § 500.248Violations of act; actions; perjury.
- Mich. Comp. Laws § 500.249Insurance commissioner; investigations of agents, adjusters, counselors, managers, promoters, officers and directors.
- Mich. Comp. Laws § 500.249aFingerprints required; costs; providing criminal history records.
- Mich. Comp. Laws § 500.250Insurers; stock transfer; officers or directors; appointment; notice to director; grounds for removal; hearing; order; civil immunity; review; "insurer" defined.
- Mich. Comp. Laws § 500.251Cease and desist order.
- Mich. Comp. Laws § 500.261Internet website; publication of changes and rights regarding automobile insurance in this state; reporting of fraud and unfair practices.
- Mich. Comp. Laws § 500.271Report to legislature on the effect of the limits imposed on charges for products, services, and accommodations under MCL 500.3157.
- Mich. Comp. Laws § 500.402Insurers; certificate of authority requirement.
- Mich. Comp. Laws § 500.402aTransactions of insurance requiring certificate of authority.
- Mich. Comp. Laws § 500.402bTransactions of insurance not requiring certificate of authority.
- Mich. Comp. Laws § 500.402cMotor vehicle rental company; insurance transaction; definitions.
- Mich. Comp. Laws § 500.403Insurers; authorization to do business.
- Mich. Comp. Laws § 500.404Insurers; financial conditions; compliance required.
- Mich. Comp. Laws § 500.405Foreign insurer; revocation of certificate of authority; conditions; requalification for certificate of authority if control acquired; determination.
- Mich. Comp. Laws § 500.405aInsurer subject to delinquency proceedings; revocation of certificate of authority; conditions.
- Mich. Comp. Laws § 500.405bRequalification pursuant to MCL 500.405 or 500.405a; formal review.
- Mich. Comp. Laws § 500.406Foreign insurer; limitation on corporate purposes and powers; election of statute; denial of admission or authority; continuation of license to transact insurance business previously authorized; exception.
- Mich. Comp. Laws § 500.407Authorization to transact kinds of insurance; exceptions.
- Mich. Comp. Laws § 500.407aNoninsured benefit plan; offering and writing excess loss insurance; definition; authority of insurer not limited.
- Mich. Comp. Laws § 500.408Insurers; capital, surplus, or asset requirement; schedule; multiple lines; provisions for transacting certain insurance; applicability of section; compliance with MCL 500.403.
- Mich. Comp. Laws § 500.410Minimum amount of unimpaired capital and surplus; minimum amount and use of additional surplus; transacting life insurance or property insurance; continuing to transact insurance; transacting legal expense insurance; compliance with MCL 500.403.
- Mich. Comp. Laws § 500.410aBail bond surety and fidelity insurance company; authority to transact insurance.
- Mich. Comp. Laws § 500.411Deposits required to transact insurance.
- Mich. Comp. Laws § 500.412Procedure for becoming domestic insurer.
- Mich. Comp. Laws § 500.413Transfer of domicile of domestic insurer to another state; effect of transfer; approval of transfer; “U.S. branch” defined.
- Mich. Comp. Laws § 500.414Certificate of authority, agent's appointments, licenses, rates, and other items of transferring insurer continue in full force and effect; outstanding policies remain in full force and effect; filing new or existing policy forms; notice of proposed transfer; filing amendments to corporate documents.
- Mich. Comp. Laws § 500.415Rules.
- Mich. Comp. Laws § 500.416Special deposit.
- Mich. Comp. Laws § 500.418Identification of payers subject to child support arrearages; "title IV-D agency" defined.
- Mich. Comp. Laws § 500.424Admission of foreign or alien insurer to state; application; report of financial standing; issuance of certificate of authority; filing fees.
- Mich. Comp. Laws § 500.431Definitions.
- Mich. Comp. Laws § 500.431aState of entry by alien insurer through U.S. branch; requirements.
- Mich. Comp. Laws § 500.431bU.S. branch using state as state of entry to transact insurance; compliance.
- Mich. Comp. Laws § 500.431cTrusteed assets; value.
- Mich. Comp. Laws § 500.432Trust agreement and amendments; authentication; withdrawal of approval; form; hearing; modifications or variations; contents and provisions of trust agreement; withdrawal of trusteed assets in another state; notice; examination by commissioner; effect of refusal or neglect to comply with subsection (8); review.
- Mich. Comp. Laws § 500.432aCertificate of authority to do business; issuance or amendment to U.S. branch; proof that insurer will not violate act or charter; noncompliance.
- Mich. Comp. Laws § 500.433Trusteed assets below minimum required; proceeding against alien insurer.
- Mich. Comp. Laws § 500.435Certificate of authority as evidence of authority to transact insurance; duration of certificate; certificate as property of state; prerequisites to termination of certificate.
- Mich. Comp. Laws § 500.436Conditions for suspension, revocation, or limitation of certificate of authority; "insurer" defined.
- Mich. Comp. Laws § 500.436aContinuing operation of insurer transacting insurance in state or nonprofit dental corporation operating under MCL 550.351 to 550.373; standards; subscription to private rating organization not required; determination of financial condition; issuance of order by director; hearing requested by insurer.
- Mich. Comp. Laws § 500.436bCertificate of authority limited by order of commissioner.
- Mich. Comp. Laws § 500.437Proceeding for suspension, revocation, or limitation of certificate of authority; notice; imposition of conditions in order of limitation.
- Mich. Comp. Laws § 500.438Annual statement; filing; extensions; format and content; reply to inquiries; availability of report to public; penalty for failure to file statement or reply to inquiry; statement of alien insurer; "U.S. branch" defined.
- Mich. Comp. Laws § 500.438aDomestic, foreign, and alien insurers; filing annual statement with national association of insurance commissioners; foreign insurers considered in compliance with section; agents of commissioner; confidentiality of information.
- Mich. Comp. Laws § 500.440aCredit against tax imposed by MCL 500.476a; claim; refund; retroactive application.
- Mich. Comp. Laws § 500.443Foreign insurer; payment of quarterly installments of estimated tax; filing statement with revenue commissioner.
- Mich. Comp. Laws § 500.444Collection of delinquent taxes with interest or penalty.
- Mich. Comp. Laws § 500.445Delinquency as bar to granting certificate of authority.
- Mich. Comp. Laws § 500.451Taxes on unauthorized insurers; regulatory fee; payment; delinquency.
- Mich. Comp. Laws § 500.454Name of insurer.
- Mich. Comp. Laws § 500.456Legal process served on resident agent effective as personal service on company, association, or group; stipulation; filing copy of appointment; fee; duration of appointment; service of process.