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Facility; Deferred Premium Payment Plans - Mich. Comp. Laws Section 500.2320

Legal Research Home > Michigan Laws > Insurance Code Of 1956 > Facility; Deferred Premium Payment Plans - Mich. Comp. Laws Section 500.2320

500.2320 Facility; deferred premium payment plans.

Sec. 2320.

The facility shall provide for deferred premium payment plans which shall include sufficient advance payments at least equal to the pro rata earned premium at all times.


History: Add. 1982, Act 8, Eff. Jan. 1, 1983
Popular Name: Act 218

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Last modified: March 17, 2013