Michigan Compiled Laws
Chapter 390 - Universities and Colleges
Act 315 of 1977 - Indemnification Reserve Fund (390.1121 - 390.1131)

Section 390.1121 - Meanings of Words and Phrases. - Sec. 1. For the purposes of this act, the words...

Section 390.1122 - Definitions; a to E. - Sec. 2. (1) "Accident year" means the calendar year in...

Section 390.1123 - Definitions; I to L. - Sec. 3. (1) "Incurred but not reported loss" means an...

Section 390.1124 - Definitions; P. - Sec. 4. (1) "Paid loss" means a loss which has...

Section 390.1125 - Definitions; R to U. - Sec. 5. (1) "Related expenses" means the costs of litigation,...

Section 390.1126 - Assumption by State of Excess Loss of University or Its Agents; Conditions. - Sec. 6. The state shall assume the excess loss of...

Section 390.1127 - State Payment of Excess Loss of University; Qualifications; Indemnification Reserve Fund; Compliance With MCL 500.100 to 500.8302. - Sec. 7. (1) To qualify for state payment of excess...

Section 390.1128 - Information to Be Filed With State Insurance Bureau. - Sec. 8. At the end of each year, the university...

Section 390.1129 - Annual Excess Loss as Obligation of State; Payment; Limitation; Payment of Incurred Loss. - Sec. 9. (1) The annual excess loss shall be an...

Section 390.1130 - Naming State as Party Prohibited; Act or Fund Not to Be Mentioned at Trial or Hearing. - Sec. 10. The state of Michigan shall not be named...

Section 390.1131 - Annual Report. - Sec. 11. The insurance commissioner shall submit an annual report...