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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)
218-1956-39 CHAPTER 39 LONG-TERM CARE INSURANCE (500.3901...500.3955)
Section 500.3902 Offer of long-term care coverage by subsidiary of health care corporation.
Universal Citation: MI Comp L § 500.3902 (2017)
500.3902 Offer of long-term care coverage by subsidiary of health care corporation.
Sec. 3902.
A nonprofit health care corporation shall only offer long-term care coverage through a subsidiary of the health care corporation and as provided in this chapter. If a health care corporation subsidiary offers long-term care coverage in this state, the sale of that coverage is not exempt from taxation by this state or any political subdivision of this state.
History: Add. 2006, Act 441, Imd. Eff. Oct. 19, 2006
Popular Name: Act 218
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