Sec. 36.
By July 1, 2022 and each July 1 after that date, a third party administrator shall prepare under oath and file with the director a statement concerning the third party administrator's affairs on a form provided by the director. A third party administrator shall file the annual statement required under this section by July 1 of the year following the year covered by the statement. On request and for good cause shown, the director may grant to a third party administrator a reasonable extension of time not to exceed 30 days within which the statement must be filed. A third party administrator shall pay the annual statement filing fee prescribed in section 18.
History: 1984, Act 218, Eff. Jan. 1, 1985 ;-- Am. 2022, Act 12, Imd. Eff. Feb. 23, 2022
Structure 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Section 550.916 - Repealed. 2002, Act 74, Imd. Eff. Mar. 15, 2002.
Section 550.918 - Fees; Payment; Collection; and Designation.
Section 550.920 - Authority of Commissioner.
Section 550.924 - Destruction or Disposal of Records, Books, Papers, and Other Data.
Section 550.927 - Disclosure of Current Selling Prices; Prohibited Contract Provisions.
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 550.954 - Alteration, Modification, or Setting Aside of Order.
Section 550.958 - Self-Incrimination; False Oath or Affirmation.
Section 550.962 - Repealed. 2002, Act 74, Imd. Eff. Mar. 15, 2002.