Sec. 122.
Transactions or conduct authorized, prohibited, or permitted under a regulatory scheme under this code shall not be subject to the Michigan antitrust reform act, Act No. 274 of the Public Acts of 1984, being sections 445.771 to 445.788 of the Michigan Compiled Laws. The fact that a transaction or conduct concerns the business of insurance shall not exempt it from the Michigan antitrust reform act unless the activity has been authorized, prohibited, or permitted under a regulatory scheme under this code.
History: Add. 1986, Act 173, Imd. Eff. July 7, 1986 Popular Name: Act 218Popular Name: Essential Insurance
Structure Michigan Compiled Laws
Chapter 500 - Insurance Code of 1956
Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)
218-1956-1 - Chapter 1 Scope of Code (500.100...500.150)
Section 500.100 - Insurance Code of 1956; Short Title.
Section 500.102 - Definitions.
Section 500.103 - “Revenue Commissioner” Defined.
Section 500.106 - "Health Maintenance Organization" and "Insurer" Defined.
Section 500.108 - Authorized, Unauthorized Insurer; Definitions.
Section 500.110 - Domestic, Foreign, Alien; Definitions.
Section 500.114 - Person; Definition.
Section 500.115 - Definitions.
Section 500.116 - Additional Definitions.
Section 500.118 - Treatment of Alien Insurer as Foreign Insurer.
Section 500.121 - Surety; Rights; Remedies; Relief.
Section 500.122 - Applicability of Michigan Antitrust Reform Act.
Section 500.126 - Waiver of Customer Liability Agreement; Definitions.
Section 500.128 - Additional Exceptions.
Section 500.129 - Medical Retainer Agreement Not Subject to Act.
Section 500.132 - Saving Clause; Incumbent Officers.
Section 500.140 - Saving Clause; Existence of Domestic Insurer Continued.
Section 500.142 - Repealed. 1992, Act 182, Imd. Eff. Oct. 1, 1992
Section 500.150 - Violation of Act; Hearing; Order of Director; Penalties; Court Order.