Insurers; certificate of authority requirement.

Sec. 402. A person shall not act as an insurer and an insurer shall not issue a policy or otherwise transact insurance in this state except as authorized by a subsisting certificate of authority granted to it by the director under this act. History: 1956, Act 218, Eff. Jan. 1, 1957; Am. 2016, Act 276, Imd. Eff. July 1, 2016