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Offer of Long - Term Care Coverage by Subsidiary of Health Care Corporation - Mich. Comp. Laws Section 500.3902

Legal Research Home > Michigan Laws > Insurance Code Of 1956 > Offer of Long - Term Care Coverage by Subsidiary of Health Care Corporation - Mich. Comp. Laws Section 500.3902

500.3902 Offer of long-term care coverage by subsidiary of health care corporation.

Sec. 3902.

A nonprofit health care corporation shall only offer long-term care coverage through a subsidiary of the health care corporation and as provided in this chapter. If a health care corporation subsidiary offers long-term care coverage in this state, the sale of that coverage is not exempt from taxation by this state or any political subdivision of this state.


History: Add. 2006, Act 441, Imd. Eff. Oct. 19, 2006
Popular Name: Act 218

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Last modified: March 17, 2013