Michigan Compiled Laws
218-1956-79 - Chapter 79 Property and Casualty Guaranty Association (500.7901...500.7949)
Section 500.7901 - Property and Casualty Guaranty Association Act; Short Title.

Sec. 7901.
This chapter constitutes, and may be cited as the "property and casualty guaranty association act".
History: Add. 1969, Act 277, Imd. Eff. Aug. 11, 1969 Popular Name: Act 218

Next >>

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 500 - Insurance Code of 1956

Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)

218-1956-79 - Chapter 79 Property and Casualty Guaranty Association (500.7901...500.7949)

Section 500.7901 - Property and Casualty Guaranty Association Act; Short Title.

Section 500.7911 - Property and Casualty Guaranty Association; Membership; Exception; Laws to Which Association Subject.

Section 500.7911a - Life or Disability Insurer Not to Be Member of Association.

Section 500.7912 - Property and Casualty Guaranty Association; Board of Governors; Appointment, Terms, and Qualifications of Members; Vacancy.

Section 500.7914 - Property and Casualty Guaranty Association; Plan of Operation, Adoption, Amendment, Approval; Failure to Adopt Operation Plan.

Section 500.7916 - Property and Casualty Guaranty Association; Servicing Facilities; Designation; Reimbursement; Authority; Approval.

Section 500.7918 - Property and Casualty Guaranty Association; Powers Generally.

Section 500.7921 - “Insolvent Insurer” and “Member Insurer” Defined.

Section 500.7925 - “Covered Claims” Defined; Definitions.

Section 500.7931 - Payment and Discharge of Covered Claims; Association as Party in Interest; Rights of Association; Cause of Action Against Insureds; Recoverable Damages or Benefits as Credit Against Covered Claim; Action to Recover Excess Payment;...

Section 500.7933 - Financial Condition of Member Insurer; Reports and Recommendations; Advice to Commissioner; Exemption From Public Disclosure.

Section 500.7935 - Cooperation of Insured With Association; Assignment of Rights; Indemnification From Catastrophic Claims Association; Options.

Section 500.7941 - Assessments on Member Insurers; Purpose; Allocation of Claim Payments and Costs to Categories; Separate Assessments for Each Category; Use, Amount, and Rate of Assessment; Remittance and Administration of Assessments; Notice; Limit...

Section 500.7945 - Stay of Proceedings.

Section 500.7947 - Tax Exemption.

Section 500.7948 - Liability.

Section 500.7949 - Insurance Commissioner; Regulatory Powers; Visitation; Examination; Hearings.