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2017 Michigan Compiled Laws
Chapter 500 - Insurance Code of 1956
Act 218 of 1956 THE INSURANCE CODE OF 1956 (500.100 - 500.8302)
218-1956-19 CHAPTER 19 (500.1901...500.1955)
Section 500.1902 Liberal construction and application.
Universal Citation: MI Comp L § 500.1902 (2017)
500.1902 Liberal construction and application.
Sec. 1902.
This chapter shall be liberally construed and applied to promote its underlying purposes which include:
(a) Protecting persons seeking insurance in this state.
(b) Permitting stable and reputable insurers to write surplus lines insurance in this state.
(c) Establishing a system of regulation which will permit an orderly access to surplus lines insurance in this state.
History: Add. 1980, Act 341, Eff. June 23, 1981
Popular Name: Act 218
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