February 20, 2018, Introduced by Reps. Love, Theis, Garrett, Bellino, Vaupel, Geiss, Robinson, Cochran, Glenn, Scott, Lasinski, Gay-Dagnogo, Hammoud and Sneller and referred to the Committee on Insurance.
A bill to amend 1956 PA 218, entitled
"The insurance code of 1956,"
by amending section 2024b (MCL 500.2024b), as added by 2005 PA 260.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec.
2024b. Beginning January 1, 2006, sections Sections 2024,
2066, and 2070 shall not be construed to prohibit a property-
casualty insurer or property-casualty insurance producer from
giving an applicant for or an insured under a property-casualty
insurance
policy an article of merchandise having an invoice value
with
a cost to the insurer of $10.00 $100.00 or
less.