MCL - Index of 218-1956-19

NOTE: Dates reflect any modification to item, not necessarily a change in law.
Title Subject
218-1956-19 CHAPTER 19 (500.1901...500.1955)
Section 500.1901 Short title.
Section 500.1902 Liberal construction and application.
Section 500.1903 Definitions; conflicting provisions.
Section 500.1903a Contract of insurance.
Section 500.1904 Rates and forms used by unauthorized insurers.
Section 500.1905 License required to act as agent or broker in transaction of surplus lines insurance; compliance; requirements for obtaining surplus lines license; permissible acts of surplus lines licensee; conditions to placement of insurance with eligible unauthorized insurer.
Section 500.1906 Books and records of surplus lines licensee; examination; access.
Section 500.1910 Prohibited placement of insurance with unauthorized insurer; rebuttable presumption as to availability of coverages; list of unavailable lines of insurance; additions to or deletions from list; publication, revision, and availability of list.
Section 500.1911 Issuing evidence of placement of insurance with eligible unauthorized insurer; conditions; identification of entities directly assuming risk of loss; specifying obligation as joint or several; specifying proportion of obligation assumed.
Section 500.1912 Delivery of written evidence of insurance to insured or insured's representative; time; conditions.
Section 500.1913 Separate account of each transaction; filing certified evidence of transactions.
Section 500.1915 Charging fees; conditions; excessive or discriminatory fee prohibited; documentation and evidence of disclosure of fees; exclusion of fees in computation of premium taxes.
Section 500.1916 Compensation of licensee and licensed resident agent; collection of premiums; effect of premium payment made to agent.
Section 500.1917 Liability if risk assumed and premium received by licensee.
Section 500.1920 Recognition as eligible surplus lines insurer; application; recommendations; conditions; information; examination; removal of insurer from list.
Section 500.1921 Recognition as eligible unauthorized insurer; deposit; trust fund, marketable securities, or equivalent instruments; provisions inapplicable to certain unincorporated, alien insurers; commissioner as resident agent for service of process.
Section 500.1922 Notice on face of instrument evidencing surplus lines insurance.
Section 500.1930 Association of licensees; registration; purposes; required filings by association; reasons for refusal to register association; reasons for suspension or revocation of registration; denial of membership.
Section 500.1932 Servicing facility; establishment; reimbursement for expenses and payments; functions; approval; member licensee as servicing facility.
Section 500.1933 Suits by or against association; assertion or defense of rights.
Section 500.1934 Filing certified audit of books, records, and trust funds.
Section 500.1940 Reports and recommendations regarding financial condition of eligible unauthorized insurer; reports and recommendations not considered public documents; liability for statements.
Section 500.1946 Repealed. 2000, Act 486, Imd. Eff. Jan. 11, 2001.
Section 500.1950 Placement of insurance with insurer which is neither an authorized insurer nor an eligible unauthorized insurer; duties of licensee.
Section 500.1951 Procuring, continuing, or renewing insurance with unauthorized insurer; report; tax on premiums; regulatory fee.
Section 500.1952 Violation as misdemeanor; penalty.
Section 500.1955 Rules implementing chapter; declaratory rulings.