Sec. 3101d.
(1) A person in whose name more than 25 motor vehicles are registered may qualify as a self-insurer by obtaining a certificate of self-insurance issued by the commissioner under subsection (2).
(2) The commissioner may, in his or her discretion, on the application of a person who wishes to qualify under subsection (1), issue a certificate of self-insurance to the person if the commissioner is satisfied that the person has and will continue to have the ability to pay judgments obtained against the person.
(3) On not less than 5 days' notice and a hearing in accordance with the notice, the commissioner may on reasonable grounds cancel a certificate of self-insurance issued under this section. Failure to pay a judgment within 30 days after the judgment becomes final is a reasonable ground for the cancellation of a certificate of self-insurance.
History: Add. 2012, Act 204, Eff. Jan. 1, 2013 Popular Name: Act 218Popular Name: Essential InsurancePopular Name: No-Fault Insurance
Structure Michigan Compiled Laws
Chapter 500 - Insurance Code of 1956
Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)
218-1956-31 - Chapter 31 Motor Vehicle Personal and Property Protection (500.3101...500.3179)
Section 500.3101b - Repealed. 2011, Act 91, Imd. Eff. July 15, 2011.
Section 500.3101c - Standard Certified Statement.
Section 500.3101d - Qualification as Self-Insurer; Certificate; Issuance; Cancellation.
Section 500.3107 - Expenses and Work Loss for Which Personal Protection Insurance Benefits Payable.
Section 500.3107a - Basis of Work Loss for Certain Injured Persons.
Section 500.3107b - Reimbursement or Coverage for Certain Expenses Not Required.
Section 500.3108 - Survivor's Loss; Benefits.
Section 500.3113 - Person Not Entitled to Personal Protection Insurance Benefits.
Section 500.3116 - Value of Claim in Tort; Subtraction From or Reimbursement for Benefits.
Section 500.3121 - Liability for Accidental Damage to Tangible Property.
Section 500.3123 - Exclusions From Property Protection Insurance Benefits.
Section 500.3125 - Priorities in Claiming Property Protection Benefits.
Section 500.3131 - Residual Liability Insurance; Coverage.
Section 500.3141 - Notice of Accident.
Section 500.3143 - Assignment of Right to Future Benefits Void.
Section 500.3146 - Limitation of Action by Insurer for Recovery or Indemnity.
Section 500.3148 - Attorney's Fee; Restrictions.
Section 500.3151 - Submission to Mental or Physical Examination; Physician Requirements.
Section 500.3152 - Report of Mental or Physical Examination.
Section 500.3153 - Court Orders as to Noncompliance With MCL 500.3151 and 500.3152.
Section 500.3158 - Statement of Earnings; Report and Records From Medical Institution.
Section 500.3173 - Certain Persons Disqualified From Receiving Benefits Under Assigned Claims Plans.
Section 500.3176 - Taking Costs Into Account in Making and Regulating Rates.