Michigan Statutes

§ 550.1863 — Definitions.

Michigan § 550.1863

JurisdictionMichigan

Ch. 550GENERAL INSURANCE LAWS

Act 530 of 2012HEALTH CARE SHARING MINISTRIES FREEDOM TO SHARE ACT (550.1861-550.1869)

This text of Michigan § 550.1863 (Definitions.) is published on Counsel Stack Legal Research, covering Michigan primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mich. Comp. Laws § 550.1863 (2026).

Text

HEALTH CARE SHARING MINISTRIES FREEDOM TO SHARE ACT (EXCERPT) Act 530 of 2012 550.1863 Definitions. Sec. 3. As used in this act:

(a)"Eligible entity" means a faith-based, nonprofit entity that maintains tax-exempt status under section 501(c) of the internal revenue code, 26 USC 501.

(b)"Health care sharing ministry" or "ministry" means a program established by an eligible entity for the sharing of finances and health care in compliance with this act.

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HEALTH CARE SHARING MINISTRIES FREEDOM TO SHARE ACT (EXCERPT) Act 530 of 2012 550.1863 Definitions. Sec. 3. As used in this act: (a) "Eligible entity" means a faith-based, nonprofit entity that maintains tax-exempt status under section 501(c) of the internal revenue code, 26 USC 501. (b) "Health care sharing ministry" or "ministry" means a program established by an eligible entity for the sharing of finances and health care in compliance with this act.

Legislative History

2012, Act 530 , Eff. Jan. 1, 2013

Nearby Sections

15

§ 550.1

Declaration of emergency.

§ 550.1001

§ 550.1002

§ 550.1003

Persons authorized to sell health benefits; packaging health benefits with insurance; notify agent of record; annual appointment fee; "agent of record" defined.

§ 550.1004

Influencing agent prohibited.

§ 550.1004a

Applicability of certain statutory provisions.

§ 550.1005

Compensation of health benefit agents.

§ 550.1006

Authorized agents; requirements, duties, and restrictions; powers of commissioner.

§ 550.1008

Contracts or other arrangements for packaging of health benefits with insurance; policy supplementing health benefits of health maintenance organization.

§ 550.1009

Licensing affiliate of health benefit corporation as insurance agent prohibited.

§ 550.1010

Health benefit agent as fiduciary; evidence of violation of fiduciary responsibility; use of reasonable accounting methods; records required; examination of records; prohibited conduct.

§ 550.1012

Notice of termination of agent's authority; liability; duration of agent's responsibility; cancellation or refusal to renew certificate of subscriber; certain referrals or communications prohibited; records, names of subscribers, and expiration dates of certificates and contracts as property of agent; copies of written communications between health benefit corporations and subscribers; grounds for cancellation of agent's contract or termination of agent's authority; authorizing licensed accident and health insurance agent to sell health benefits.

§ 550.1014

Suspension, revocation, refusal to grant, or refusal to renew accident and health insurance license; grounds; notice; hearing; summary suspension; subpoenas.

§ 550.1016

Violation of act; orders; penalties for violation of cease and desist order; injunction.

§ 550.1018

Construction of act.

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Bluebook (online)

Michigan § 550.1863, Counsel Stack Legal Research, https://law.counselstack.com/statute/mi/550/550.1863.