There is a newer version of the Michigan Compiled Laws
2006 Michigan Compiled Laws - Mich. Comp. Laws § 500.6856 Maximum amount recoverable on face of policy; premium, assessments.
Act 218 of 1956 500.6856 Maximum amount recoverable on face of policy; premium, assessments. Sec. 6856. No company organized or operating under this chapter shall issue any policy which provides that the maximum amount recoverable is less than the amount stated on the face of the policy, and no assessment shall be levied or premium collected on any amount larger than that so stated on such policy face.
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