Michigan Compiled Laws § 418.502 “insolvent Private Self-insured Employer” Defined.

418.502 “Insolvent private self-insured employer” defined.

Sec. 502.

For the purposes of this act, an insolvent private self-insured employer means either an employer who files for relief under the bankruptcy act or an employer against whom bankruptcy proceedings are filed or an employer for whom a receiver is appointed in a court of this state.

History: Add. 1971, Act 149, Imd. Eff. Nov. 16, 1971
Popular Name: Act 317

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Last modified: October 10, 2016