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 500.1904 Rates and forms used by unauthorized insurers.

Universal Citation: MI Comp L § 500.1904 (2017)
500.1904 Rates and forms used by unauthorized insurers.

Sec. 1904.

(1) Rates used by unauthorized insurers shall not be subject to this code, except that a rate shall not be unfairly discriminatory.

(2) Forms used by unauthorized insurers pursuant to this chapter shall not be subject to this code, except that a policy shall not contain language which misrepresents the true nature of the policy or class of policies.

History: Add. 1980, Act 341, Eff. June 23, 1981
Popular Name: Act 218

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