Sec. 7949.
(1) The operation of the association at all times shall be subject to the regulation of the commissioner. The commissioner, or any deputy or examiner, or any person whom the commissioner appoints, shall have the power of visitation and examination into the affairs of the association and free access to all books, papers and documents that relate to the business of the association, may summon and qualify witnesses under oath, and may examine officers, agents or employees or any other person having knowledge of the affairs, transactions or conditions of the association.
(2) Any member insurer aggrieved by any action or decision of the association may appeal to the commissioner within 30 days from the action or decision. Proceedings under this section are subject to the provisions of 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. 1969, Act 277, Imd. Eff. Aug. 11, 1969 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)
218-1956-79 - Chapter 79 Property and Casualty Guaranty Association (500.7901...500.7949)
Section 500.7901 - Property and Casualty Guaranty Association Act; Short Title.
Section 500.7911a - Life or Disability Insurer Not to Be Member of Association.
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 500.7945 - Stay of Proceedings.
Section 500.7947 - Tax Exemption.
Section 500.7949 - Insurance Commissioner; Regulatory Powers; Visitation; Examination; Hearings.