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Section 500.2901 - Definitions. - Sec. 2901. As used in this chapter: (a) "Basic property...
Section 500.2910 - Inspection of Property; Requests; Operation of Inspection Bureau. - Sec. 2910. (1) Any person having an insurable interest in...
Section 500.2912 - Issuing Insurance at Rate Requiring Consent Under MCL 500.2414 or 500.2614; Inspection; Sworn Statements; False Affidavits; Employing Services of Surplus Lines Agent; Forms of Sworn Statements; Descriptions of Rights. - Sec. 2912. (1) A person shall not be issued a...
Section 500.2920 - Michigan Basic Property Insurance Association or “Pool”; Membership; Plan of Operation and Amendments to Plan; Approval; Compliance; Designation of Members as Servicing Facilities; Reimbursement and Authority of Facility; Rules; Ri... - Sec. 2920. (1) To implement the provisions of this chapter,...
Section 500.2921 - Board of Governors as Manager of Pool; Appointment, Election, Qualifications, and Term of Members; Time of Election; Allotment of Votes; Increasing Number of Governors; Vacancy. - Sec. 2921. (1) The pool shall be managed by a...
Section 500.2923 - Agents Writing Insurance on Behalf of Pool; Commissions; Losses. - Sec. 2923. (1) The pool, by its plan of operation,...
Section 500.2924 - Underwriting Standards Employed in Determining Acceptable Risk for Basic Property Insurance; Basis of Underwriting Program for Home Insurance. - Sec. 2924. (1) The pool shall adopt, as part of...
Section 500.2925 - Application to Pool for Basic Property Insurance; Form; Findings; Issuance of Policy; Reinsuring Policies; Statement Required if Risk Found Not Acceptable; Term of Policy; Renewal of Policy; Waiver of Inspection; Issuance and Term... - Sec. 2925. (1) Any person who has an insurable interest...
Section 500.2925a - Application to Pool for Home Insurance; Form; Findings; Issuance of Policy; Reinsuring Policies; Statement Required if Property or Applicant Not Qualified; Term of Policy; Renewal of Policy; Selection of Dwellings for Inspection;... - Sec. 2925a. (1) Any qualified applicant for home insurance may...
Section 500.2925b - Liability; Inspection; Enforcement by Commissioner. - Sec. 2925b. (1) There shall be no civil liability, other...
Section 500.2925c - Notice of Rights to Obtain Home Insurance. - Sec. 2925c. On and after January 1, 1981, prior to...
Section 500.2926-500.2929 - Repealed. 1971, Act 74, Eff. Aug. 1, 1971. - Compiler's Notes: The repealed sections pertained to liabilities, contributions, and...
Section 500.2930 - Basic Property Insurance; Amount of Premium; Surcharge; Establishment of Rates; Filing Rates and Policy Forms. - Sec. 2930. (1) The premium for basic property insurance of...
Section 500.2930a - Rates Charged in Territory for Home Insurance; Conditions; Limitation on Premium for Repair Cost Policy; Development of Plans, Rules, Classifications, Territories, and Calculation Steps; Policy Forms; Filing; Definitions. - Sec. 2930a. (1) Except as otherwise provided in subsection (5)(c),...
Section 500.2931 - Limitation on Annual Premiums Written by or on Behalf of Pool; Premium Ratios. - Sec. 2931. (1) At no time shall the annual premiums...
Section 500.2932 - Annual Rate of Assessment; Establishment; Purpose; Basis; Notice; Payment of Assessments; Estimating Assessable Premiums; Adjustment of Premium Rates; Annual Statement; Assessments as Income; Deficit or Surplus; Advance Assessments... - Sec. 2932. (1) At least once each calendar year, before...
Section 500.2933 - Pool Exempted From Fees and Taxes; Exception. - Sec. 2933. The pool is exempt from all license fees,...
Section 500.2939 - Reinsurance Permitted. - Sec. 2939. Nothing in this chapter shall preclude the pool...
Section 500.2940 - Repealed. 2000, Act 486, Imd. Eff. Jan. 11, 2001. - Compiler's Notes: The repealed section pertained to promulgation of administrative...
Section 500.2941 - Pool; Supervision, Regulation and Examination. - Sec. 2941. The operation of the pool shall at all...
Section 500.2942 - Liability for Statements Made in Reports, at Hearings, or in Findings; Reports of Inspection Bureau. - Sec. 2942. (1) There shall be no liability on the...
Section 500.2943 - Appeal to Insurance Commissioner; Hearing; Order. - Sec. 2943. Any person aggrieved by any action or decision...
Section 500.2950 - Repealed. 1971, Act 74, Eff. Aug. 1, 1971. - Compiler's Notes: The repealed section pertained to a voluntary plan...
Section 500.2952 - Federal Riot Reinsurance Reimbursement Fund; Contents, Assessments, Reimbursements, Retroactive Effect. - Sec. 2952. (1) There is created a fund to be...
Section 500.2954 - Determinations Made by Commissioner. - Sec. 2954. Determinations made by the commissioner pursuant to this...