Sec. 1507.
The commissioner may make and enforce such reasonable rules and regulations as may be necessary in making effective the provisions of this chapter, but such rules and regulations shall not be contrary to nor inconsistent with the provisions of this chapter. The rules shall be promulgated in accordance with the provisions of Act No. 88 of the Public Acts of 1943, as amended, being sections 24.71 to 24.80 of the Compiled Laws of 1948, and subject to Act No. 197 of the Public Acts of 1952, as amended, being sections 24.101 to 24.110 of the Compiled Laws of 1948.
History: Add. 1968, Act 352, Eff. Nov. 15, 1968 Popular Name: Act 218
Structure Michigan Compiled Laws
Chapter 500 - Insurance Code of 1956
Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)
218-1956-15 - Chapter 15 Insurance Premium Finance Companies (500.1501...500.1514)
Section 500.1501 - Inapplicability of Chapter.
Section 500.1501a - Financial Institutions; Application of Chapter.
Section 500.1502 - Insurance Premium Finance Companies; Definitions.
Section 500.1503 - License Requirements; Violation, Penalty; Fees, Renewal, Application.
Section 500.1504 - License Investigation of Applicant; Issuance, Grounds, Hearing, Bond.
Section 500.1506 - Premium Finance Transaction Records; Examination; Preservation.
Section 500.1507 - Insurance Commissioner; Regulatory Powers.
Section 500.1510 - Insurance Premium Finance Agreement; Delinquency Charge; Cancellation Charge.
Section 500.1511 - Premium Finance Agreement; Cancellation of Insurance, Procedure, Notice, Refund.
Section 500.1512 - Premium Finance Agreement; Filing Not Required.