2006 Michigan Compiled Laws - CHAPTER 70 MULTIPLE EMPLOYER WELFARE ARRANGEMENTS (500.7001...500.7090)

THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956 Chapter 70
MULTIPLE EMPLOYER WELFARE ARRANGEMENTS

Document	Description
Section 500.7001	Definitions.
Section 500.7004	Employee welfare benefit plan as multiple employer welfare arrangement; certificate of authority required; applicability of chapter.
Section 500.7006	Benefits to which authorized MEWA limited.
Section 500.7010	Application for certificate of authority; form; submission of application and other documents to commissioner; examination of application and documents; investigation; examination under oath of certain persons.
Section 500.7011	Conditions to issuance of certificate of authority.
Section 500.7012	Fees; payment and collection; service of process; designation and purpose of fees.
Section 500.7014	Issuance of certificate of authority; refusal to grant certificate; notice of refusal; request for and conduct of hearing.
Section 500.7018	Temporary certificate; organization of proposed MEWA; opening books to commissioner; condition to issuance of final certificate.
Section 500.7020	Issuance of policies by MEWA; premium or premium deposit; contingent premium; restoration of cash reserves.
Section 500.7022	Name of MEWA; proof of existence of MEWA.
Section 500.7024	Powers of MEWA.
Section 500.7026	Articles, bylaws, and trust agreement of MEWA and amendments thereto; filing; approval; form for trust agreement; notice of meeting; voting rights; powers to be exercised by board of trustees; restrictions on trustees.
Section 500.7028	Duties of trustees; limitation on liability of trustee.
Section 500.7030	Officers and agents; selection and appointment; authority and duties; removal; bond.
Section 500.7032	Compensation of trustee, officer, or employee.
Section 500.7034	Trustee or officer; prohibited conduct; violation as felony; penalty.
Section 500.7040	Financial statements and reports required to be filed; commingling of cash reserves prohibited.
Section 500.7044	Notice to individual covered by plan.
Section 500.7050	Examination of affairs of MEWA; access to books, records, and documents; examination of trustees, officers, agents, and employees; payment and disposition of assessment.
Section 500.7060	Additional provisions to which MEWA subject.
Section 500.7070	Certificate of authority; grounds for suspension, revocation, or limitation.
Section 500.7074	Written findings of violation; issuance and service of findings and cease and desist order; additional orders.
Section 500.7076	Violation of cease and desist order; notice; hearing; civil fine; suspension or revocation of certificate of authority.
Section 500.7078	Conduct of proceedings for payment of fines or for suspension, revocation, or limitation of certificate of authority; appeal of disputed claim; hearing.
Section 500.7080	Multiple employer welfare arrangement security fund; creation; administration; use; appointment, qualifications, terms, and compensation of board of trustees; powers of board of trustees; payment of and accounting for expenses.
Section 500.7084	Assessments; purpose; limitation; notice; payment; assessments as elements of loss for purpose of establishing rates; liability of employer ceasing to participate in MEWA; certification of collection and receipt of money from assessments; noting delinquencies; collection of delinquent assessment; transfer of money to state treasurer; treasurer or custodian of fund; investments; crediting earnings from investment.
Section 500.7086	Security fund as creditor of insolvent MEWA; reimbursement from insolvent MEWA.
Section 500.7090	Effective date of chapter.

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