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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)
218-1956-23 CHAPTER 23 WORKER'S COMPENSATION INSURANCE RATES (500.2301...500.2352)
Section 500.2301 Participation in facility by insurers required; purposes.
Universal Citation: MI Comp L § 500.2301 (2017)
500.2301 Participation in facility by insurers required; purposes.
Popular Name: Act 218
Sec. 2301.
Each insurer authorized to write worker's compensation insurance in this state shall participate in the Michigan worker's compensation placement facility for the purpose of doing all of the following:
(a) Providing worker's compensation insurance to any person who is unable to procure the insurance through ordinary methods.
(b) Preserving to the public the benefits of price competition by encouraging maximum use of the normal private insurance system.
History: Add. 1982, Act 8, Eff. Jan. 1, 1983 ;-- Am. 1993, Act 200, Eff. Dec. 28, 1994
Popular Name: Act 218
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