Foreign or Alien Insurers; Provision Required by Other State Law; Domestic Insurers; Provision Required by Other State or Country - Mich. Comp. Laws Section 500.3464
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Michigan Laws > Insurance Code Of 1956 > Foreign or Alien Insurers; Provision Required by Other State Law; Domestic Insurers; Provision Required by Other State or Country - Mich. Comp. Laws Section 500.3464
500.3464 Foreign or alien insurers; provision required by other state law; domestic insurers; provision required by other state or country.
Sec. 3464.
(1) Any policy of a foreign or alien insurer, when delivered or issued for delivery to any person in this state, may contain any provision which is not less favorable to the insured or the beneficiary than the provisions of this chapter and which is prescribed or required by the law of the state under which the insurer is organized.
(2) Any policy of a domestic insurer may, when issued for delivery in any other state or country, contain any provision permitted or required by the laws of such other state or country.
History: 1956, Act 218, Eff. Jan. 1, 1957
Popular Name: Act 218
Section: 500.3444 500.3446 500.3448 500.3450 500.3452 500.3460 500.3462 500.3464 500.3466 500.3468 500.3470 500.3474 500.3475 500.3476 500.3501
Last modified: March 17, 2013
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