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2019 Michigan Compiled Laws
Chapter 500 - Insurance Code of 1956
Act 218 of 1956 The Insurance Code of 1956 (500.100 - 500.8302)
218-1956-68 Chapter 68 Farmers' and Other Special Mutual Property Insurers (Domestic) (500.6800...500.6886)
Section 500.6856 Maximum Amount Recoverable on Face of Policy; Premium, Assessments.
Universal Citation: MI Comp L § 500.6856 (2019)
500.6856 Maximum amount recoverable on face of policy; premium, assessments.
Sec. 6856.
No company organized or operating under this chapter shall issue any policy which provides that the maximum amount recoverable is less than the amount stated on the face of the policy, and no assessment shall be levied or premium collected on any amount larger than that so stated on such policy face.
History: 1956, Act 218, Eff. Jan. 1, 1957
Popular Name: Act 218
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