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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 500.2320 Facility; deferred premium payment plans.
Universal Citation: MI Comp L § 500.2320 (2017)
500.2320 Facility; deferred premium payment plans.
Sec. 2320.
The facility shall provide for deferred premium payment plans which shall include sufficient advance payments at least equal to the pro rata earned premium at all times.
History: Add. 1982, Act 8, Eff. Jan. 1, 1983
Popular Name: Act 218
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