Michigan Statutes

§ 550.702

Michigan § 550.702

JurisdictionMichigan

Ch. 550GENERAL INSURANCE LAWS

Act 388 of 1913STATE INSURANCE (550.701-550.711)

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Bluebook

Mich. Comp. Laws § 550.702 (2026).

Text

STATE INSURANCE (EXCERPT)Act 388 of 1913550.702, 550.703 Repealed. 1965, Act 365, Imd. Eff. July 23, 1965. Compiler's Notes: The repealed sections provided for state insurance fund and for investment of moneys therein.

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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 § 550.702, Counsel Stack Legal Research, https://law.counselstack.com/statute/mi/550/550.702.