2017 Michigan Compiled Laws
Chapter 500 - Insurance Code of 1956
Act 218 of 1956 THE INSURANCE CODE OF 1956 (500.100 - 500.8302)
218-1956-1 CHAPTER 1 SCOPE OF CODE (500.100...500.150)
Section 500.122 Applicability of Michigan antitrust reform act.
Transactions or conduct authorized, prohibited, or permitted under a regulatory scheme under this code shall not be subject to the Michigan antitrust reform act, Act No. 274 of the Public Acts of 1984, being sections 445.771 to 445.788 of the Michigan Compiled Laws. The fact that a transaction or conduct concerns the business of insurance shall not exempt it from the Michigan antitrust reform act unless the activity has been authorized, prohibited, or permitted under a regulatory scheme under this code.
History: Add. 1986, Act 173, Imd. Eff. July 7, 1986
Popular Name: Act 218
Popular Name: Essential Insurance