Michigan Compiled Laws
Chapter 550 - General Insurance Laws
Act 386 of 1996 - Viatical Settlement Contracts (550.521 - 550.528)

Section 550.521 - Definitions. - Sec. 1. As used in this act: (a) "Commissioner" means...

Section 550.522 - Records; Production; Maintenance; Availability for Inspection; Payment of Expenses. - Sec. 2. (1) The commissioner may order a provider to...

Section 550.523 - Disclosure of Information. - Sec. 3. A provider shall disclose all of the following...

Section 550.524 - Documents to Be Obtained by Provider; Right to Avoid or Rescind Contract. - Sec. 4. (1) A provider entering into a contract with...

Section 550.524a - Agreement to Commit Suicide; Payment Prohibited. - Sec. 4a. A provider shall not offer to provide or...

Section 550.525 - Disposition of Contract Consideration. - Sec. 5. (1) Upon receipt from the viator of the...

Section 550.526 - Double or Additional Indemnity. - Sec. 6. If a policy provides for double or additional...

Section 550.527 - Offer to Purchase Policy or Certificate; Notice to Insurer. - Sec. 7. An offer to purchase a life insurance policy...

Section 550.528 - Order Prohibiting Provider From Entering Viatical Settlement Contract; Additional Orders. - Sec. 8. (1) The commissioner may issue an order prohibiting...