June 20, 2006, Introduced by Rep. Mortimer and referred to the Committee on Insurance.
A bill to amend 1956 PA 218, entitled
"The insurance code of 1956,"
by amending section 7911 (MCL 500.7911), as amended by 1993 PA 200.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 7911. (1) To implement this chapter, there shall be
maintained within this state, by all insurers authorized to
transact in this state insurance other than life or disability
insurance, except the Michigan basic property insurance association
created pursuant to section 2920, an association of those insurers
to be known as the property and casualty guaranty association,
hereafter referred to as the "association". Each insurer shall be a
member of the association as a condition of its authority to
continue to transact insurance in this state.
(2) An insurer from which insurance has been or may be
procured
in this state solely by virtue of
sections 1901 to 1955
chapter 19 shall not be considered to be an insurer authorized to
transact insurance in this state for the purposes of this chapter.
(3)
The association shall be is subject to the
requirements
of
this chapter , and
chapter 81 ,
and section 3172a, but
shall
is not be subject to the other chapters of this act. The
association shall be subject to other laws of this state to the
extent that it would be subject to those laws if it were an insurer
organized and operating under chapter 50, to the extent that those
other laws are consistent with this chapter.
Enacting section 1. This amendatory act does not take effect
unless all of the following bills of the 93rd Legislature are
enacted into law:
(a) Senate Bill No.____ or House Bill No. 6235(request no.
07127'06).
(b) Senate Bill No.____ or House Bill No. 6233(request no.
07129'06).
(c) Senate Bill No.____ or House Bill No. 6232(request no.
07130'06).
(d) Senate Bill No.____ or House Bill No. 6231(request no.
07131'06).
(e) Senate Bill No.____ or House Bill No. 6230(request no.
07132'06).
(f) Senate Bill No.____ or House Bill No. 6229(request no.
07133'06).
(g) Senate Bill No.____ or House Bill No. 6228(request no.
07134'06).
(h) Senate Bill No.____ or House Bill No. 6227(request no.
07135'06).
(i) Senate Bill No.____ or House Bill No. 6226(request no.
07136'06).
(j) Senate Bill No.____ or House Bill No. 6225(request no.
07137'06).
(k) Senate Bill No.____ or House Bill No. 6224(request no.
07138'06).
(l) Senate Bill No.____ or House Bill No. 6223(request no.
07139'06).