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Section 500.7901 - Property and Casualty Guaranty Association Act; Short Title. - Sec. 7901. This chapter constitutes, and may be cited as...
Section 500.7911 - Property and Casualty Guaranty Association; Membership; Exception; Laws to Which Association Subject. - Sec. 7911. (1) To implement this chapter, there shall be...
Section 500.7911a - Life or Disability Insurer Not to Be Member of Association. - Sec. 7911a. Notwithstanding section 7911, a life or disability insurer...
Section 500.7912 - Property and Casualty Guaranty Association; Board of Governors; Appointment, Terms, and Qualifications of Members; Vacancy. - Sec. 7912. (1) The association shall be managed by a...
Section 500.7914 - Property and Casualty Guaranty Association; Plan of Operation, Adoption, Amendment, Approval; Failure to Adopt Operation Plan. - Sec. 7914. (1) The association shall adopt a plan of...
Section 500.7916 - Property and Casualty Guaranty Association; Servicing Facilities; Designation; Reimbursement; Authority; Approval. - Sec. 7916. In accordance with its plan of operation the...
Section 500.7918 - Property and Casualty Guaranty Association; Powers Generally. - Sec. 7918. (1) The association may borrow funds when necessary...
Section 500.7921 - “Insolvent Insurer” and “Member Insurer” Defined. - Sec. 7921. As used in this chapter: (a) "Insolvent insurer"...
Section 500.7925 - “Covered Claims” Defined; Definitions. - Sec. 7925. (1) "Covered claims" means obligations of an insolvent...
Section 500.7931 - Payment and Discharge of Covered Claims; Association as Party in Interest; Rights of Association; Cause of Action Against Insureds; Recoverable Damages or Benefits as Credit Against Covered Claim; Action to Recover Excess Payment;... - Sec. 7931. (1) The association may pay or discharge covered...
Section 500.7933 - Financial Condition of Member Insurer; Reports and Recommendations; Advice to Commissioner; Exemption From Public Disclosure. - Sec. 7933. (1) The association may submit reports and make...
Section 500.7935 - Cooperation of Insured With Association; Assignment of Rights; Indemnification From Catastrophic Claims Association; Options. - Sec. 7935. (1) Each insured entitled to the protection of...
Section 500.7941 - Assessments on Member Insurers; Purpose; Allocation of Claim Payments and Costs to Categories; Separate Assessments for Each Category; Use, Amount, and Rate of Assessment; Remittance and Administration of Assessments; Notice; Limit... - Sec. 7941. (1) To the extent necessary to secure funds...
Section 500.7945 - Stay of Proceedings. - Sec. 7945. (1) All proceedings in any court of law...
Section 500.7947 - Tax Exemption. - Sec. 7947. The association shall be exempt from all license...
Section 500.7948 - Liability. - Sec. 7948. There shall not be liability on the part...
Section 500.7949 - Insurance Commissioner; Regulatory Powers; Visitation; Examination; Hearings. - Sec. 7949. (1) The operation of the association at all...