Section 500.271 – Report to Legislature on the Effect of the Limits Imposed on Charges for Products, Services, and Accommodations Under MCL 500.3157.
500.271 Report to legislature on the effect of the limits imposed on charges for products, services, and accommodations under MCL 500.3157. Sec. 271. By December 31 of 2022 and every year afterward through 2030, the department shall review the effect of changes made to section 3157 by the amendatory act that added this section and […]
Section 500.246 – Repealed. 1992, Act 182, Imd. Eff. Oct. 1, 1992.
500.246 Repealed. 1992, Act 182, Imd. Eff. Oct. 1, 1992. Compiler’s Notes: The repealed section pertained to actions for violation of the act and immunity of witnesses.Popular Name: Act 218
Section 500.248 – Violations of Act; Actions; Perjury.
500.248 Violations of act; actions; perjury. Sec. 248. Any persons required by the provisions of this code to take any oath, or affirmation, who shall make any false oath or affirmation, shall be deemed guilty of perjury. History: 1956, Act 218, Eff. Jan. 1, 1957 Popular Name: Act 218
Section 500.249 – Insurance Commissioner; Investigations of Agents, Adjusters, Counselors, Managers, Promoters, Officers and Directors.
500.249 Insurance commissioner; investigations of agents, adjusters, counselors, managers, promoters, officers and directors. Sec. 249. For the purposes of ascertaining compliance with the provisions of the insurance laws of the state or of ascertaining the business condition and practices of an insurer or proposed insurer, the commissioner, as often as he deems advisable, may initiate […]
Section 500.249a – Fingerprints Required; Costs; Providing Criminal History Records.
500.249a Fingerprints required; costs; providing criminal history records. Sec. 249a. (1) The following persons shall appear, at the commissioner’s request, before the sheriff or any police agency for the county in which the person resides and request an impression of his or her fingerprints and shall pay the costs incurred under this section: (a) Officers […]
Section 500.250 – Insurers; Stock Transfer; Officers or Directors; Appointment; Notice to Director; Grounds for Removal; Hearing; Order; Civil Immunity; Review; “Insurer” Defined.
500.250 Insurers; stock transfer; officers or directors; appointment; notice to director; grounds for removal; hearing; order; civil immunity; review; “insurer” defined. Sec. 250. (1) All insurers licensed to do business in this state shall notify the director within 30 days of any transfer of stock that results in any 1 person holding 10% or more […]
Section 500.251 – Cease and Desist Order.
500.251 Cease and desist order. Sec. 251. (1) In the reasonable exercise of discretion, the commissioner may issue a cease and desist order if the commissioner finds any of the following: (a) A person is conducting transactions of insurance for which a certificate of authority is required by this act without having obtained a certificate […]
Section 500.261 – Internet Website; Publication of Changes and Rights Regarding Automobile Insurance in This State; Reporting of Fraud and Unfair Practices.
500.261 Internet website; publication of changes and rights regarding automobile insurance in this state; reporting of fraud and unfair practices. Sec. 261. (1) The department shall maintain on its internet website a page that does all of the following: (a) Advises that the department may be able to assist a person who believes that an […]
Section 500.238 – Insurance Commissioner; Annual Report to Governor, Contents, Publication.
500.238 Insurance commissioner; annual report to governor, contents, publication. Sec. 238. (1) The commissioner shall compile a report of the conduct of his office annually at such time each year as the information to be contained therein is available, which report shall be printed for public information and use in such number as the commissioner […]
Section 500.240 – Fees and Charges; Collection, Payment, and Disposition.
500.240 Fees and charges; collection, payment, and disposition. Sec. 240. (1) The director shall collect, and the person affected shall pay to the director, the following fees: (a) Filing fee for original authorization to transact insurance or health maintenance organization business in this state, for each domestic, foreign, and alien insurer, and each health maintenance […]