Michigan Compiled Laws
Act 218 of 1984 - Third Party Administrator Act (550.901 - 550.962)
Section 550.924 - Destruction or Disposal of Records, Books, Papers, and Other Data.

Sec. 24.
The commissioner is authorized to destroy or otherwise dispose of all records, books, papers, and other data on file with the department which in his or her opinion and on the advice of the attorney general, are of no further material value to the state of Michigan; but the destruction or other disposal thereof shall not be ordered or made by him or her of any records, books, papers, or other data required by law to be filed or kept on file with the insurance bureau until the expiration of a period of 10 years, nor of any such records, books, papers, or other data filed during his or her administration or administrations. Such authorization shall be effected through official rules of the commissioner. However, this authorization shall not extend to articles of incorporation, and amendments thereto, copies of bylaws and amendments thereto, copies of certificates or other written evidence of authorization to transact business or of approval of articles of incorporation and bylaws.
History: 1984, Act 218, Eff. Jan. 1, 1985

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 550 - General Insurance Laws

Act 218 of 1984 - Third Party Administrator Act (550.901 - 550.962)

Section 550.901 - Short Title.

Section 550.902 - Definitions.

Section 550.910 - Third Party Administrator; Certificate Required; Requirements; Instances in Which Tpa Subject to Act; Name.

Section 550.912 - Application for Certificate of Authority; Form, Verification, and Contents; Filing Notice of Modification.

Section 550.914 - Certificate of Authority; Issuance; Notice of Disapproval; Continued Compliance With Subsection (1).

Section 550.916 - Repealed. 2002, Act 74, Imd. Eff. Mar. 15, 2002.

Section 550.918 - Fees; Payment; Collection; and Designation.

Section 550.919 - Tpa Advisory Board; Creation; Appointment, Qualifications, and Terms of Members; Expenses; Duty of Board; Report.

Section 550.920 - Authority of Commissioner.

Section 550.922 - Hearings.

Section 550.924 - Destruction or Disposal of Records, Books, Papers, and Other Data.

Section 550.926 - 340b Program Entities; Reimbursement, Co-Pay, and Discrimination Prohibitions; Definitions.

Section 550.927 - Disclosure of Current Selling Prices; Prohibited Contract Provisions.

Section 550.930 - Provision of Administrative Services Pursuant to Written Service Contract; Maintenance of Books and Records; Tpa and Manager as Fiduciary.

Section 550.932 - Benefit Plan; Notice; Plan Covering Less Than 500 Individuals; Service Contract Between Tpa and Governmental Entity Not Subject to Erisa; Construction of Act.

Section 550.934 - Confidentiality.

Section 550.936 - Annual Statement; Report.

Section 550.940 - Prohibited Conduct Generally.

Section 550.942 - Additional Prohibited Conduct.

Section 550.944 - Additional Prohibited Conduct.

Section 550.950 - Violation; Probable Cause; Notice; Conference; Disposition of Matter Upon Agreement of Parties; Action for Damages; Hearing; Findings and Decision; Cease and Desist Order; Additional Order.

Section 550.952 - Civil Fine; Suspension or Revocation of Certificate or License; Refusal to Issue; Grounds for Denial, Suspension, Revocation, or Cease and Desist Order; Definition.

Section 550.954 - Alteration, Modification, or Setting Aside of Order.

Section 550.956 - Judicial Review; Petition for Review; Transcript of Record and Copy of Order or Decision; Hearing Cause as Civil Case in Equity; Evidence; Duty of Court; Incomplete Record; Stay of Order or Decision; Jurisdiction.

Section 550.958 - Self-Incrimination; False Oath or Affirmation.

Section 550.960 - Rules.

Section 550.962 - Repealed. 2002, Act 74, Imd. Eff. Mar. 15, 2002.