Sec. 1831.
Premium taxes and other taxes paid for coverage of risks resident or located in this state by a purchasing group or any members of the purchasing group shall be imposed at the same rate and subject to the same interest, fines, and penalties as that applicable to premium taxes and other taxes paid for similar coverage from a similar insurance source by other insureds.
History: Add. 1989, Act 214, Eff. Jan. 1, 1990 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)
218-1956-18 - Chapter 18 (500.1801...500.1864)
Section 500.1801 - Definitions.
Section 500.1804 - Repealed. 1980, Act 341, Eff. June 23, 1981.
Section 500.1805 - Risk Retention Group Chartered in State; Summary Form of Required Information.
Section 500.1806 - Repealed. 1980, Act 341, Eff. June 23, 1981.
Section 500.1807 - Risk Retention Group Chartered in State; Plan of Operation or Feasibility Study.
Section 500.1809 - Risk Retention Group Chartered in State; Name.
Section 500.1810 - Repealed. 1980, Act 341, Eff. June 23, 1981.
Section 500.1812 - Repealed. 1980, Act 341, Eff. June 23, 1981.
Section 500.1819 - Notice Required on Application Form and Front and Declaration Pages of Policy.
Section 500.1820 - Repealed. 1980, Act 341, Eff. June 23, 1981.
Section 500.1821 - Risk Retention Group Chartered or Doing Business in State; Prohibited Conduct.
Section 500.1822 - Repealed. 1980, Act 341, Eff. June 23, 1981.
Section 500.1823 - Violation; Fines and Penalties; Compliance.
Section 500.1825 - Purchasing Group; Information Required Before Doing Business in State.
Section 500.1828 - Repealed. 1980, Act 341, Eff. June 23, 1981.
Section 500.1830 - Repealed. 1980, Act 341, Eff. June 23, 1981.
Section 500.1831 - Premium Taxes and Other Taxes.
Section 500.1832 - Repealed. 1980, Act 341, Eff. June 23, 1981.
Section 500.1837 - Enforcement.
Section 500.1839 - Financial Responsibility.
Section 500.1840 - Repealed. 1980, Act 341, Eff. June 23, 1981.
Section 500.1841 - Repealed. 2000, Act 486, Imd. Eff. Jan. 11, 2001.
Section 500.1843-500.1864 - Repealed. 1980, Act 341, Eff. June 23, 1981.