Michigan § 550.918 Fees; payment; collection; and designation.

Michigan Statutes

§ 550.918 — Fees; payment; collection; and designation.

Michigan § 550.918

Ch. 550GENERAL INSURANCE LAWS

Act 218 of 1984THIRD PARTY ADMINISTRATOR ACT (550.901-550.962)

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Bluebook

Mich. Comp. Laws § 550.918 (2026).

Text

THIRD PARTY ADMINISTRATOR ACT (EXCERPT) Act 218 of 1984 550.918 Fees; payment; collection; and designation. Sec. 18.

(1)The commissioner shall collect, and the persons affected shall pay to the commissioner, the following fees:

(a)Filing fee to accompany application for third party administrator's certificate of authority $ 200.00.

(b)Certificate of authority for a third party administrator $ 25.00.

(c)Filing fee for annual statement of a third party administrator, each year $ 25.00.

(2)Fees paid under this section shall be designated for the insurance bureau to cover the additional costs incurred as a result of this act.

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THIRD PARTY ADMINISTRATOR ACT (EXCERPT) Act 218 of 1984 550.918 Fees; payment; collection; and designation. Sec. 18. (1) The commissioner shall collect, and the persons affected shall pay to the commissioner, the following fees: (a) Filing fee to accompany application for third party administrator's certificate of authority $ 200.00. (b) Certificate of authority for a third party administrator $ 25.00. (c) Filing fee for annual statement of a third party administrator, each year $ 25.00. (2) Fees paid under this section shall be designated for the insurance bureau to cover the additional costs incurred as a result of this act.