Michigan Compiled Laws 317-1969-5 Chapter 5 Funds (418.501...418.561)

• Section 418.501 Self-insurers' Security Fund And Second Injury Fund; Silicosis, Dust Disease, And Logging Industry Compensation Fund; Uninsured Employer's Security Fund; Private Employer Group Self-insurers Security Fund; Definitions.
  (1) A self-insurers' security fund and a second injury fund are created. (2) A silicosis, dust disease, and logging industry compensation fund is created....
• Section 418.501a Liability Of Self-insurer's Security Fund; Termination On January 1, 2020; Responsibility Of Pegsisf On And After January 1, 2020; Assessment.
  (1) The liability of the self-insurers' security fund under this act for any payment of claims made against a self-insured member of a private...
• Section 418.501b Assessments.
  If the director determines that there is a reasonable likelihood that the remedies available under R 408.43s of the Michigan administrative code will be...
• Section 418.502 “insolvent Private Self-insured Employer” Defined.
  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...
• Section 418.511 Board Of Trustees; Appointment, Term, Expenses.
  The funds shall be managed by a board of 3 trustees, 1 of whom shall be the director, the remaining 2 of whom shall...
• Section 418.515 Board Of Trustees; Powers And Duties; Funds Administrator; Office Space; Clerical Assistance; Expenses; Legal Advice And Representation.
  (1) The trustees shall have general authority to carry out the purposes of this chapter, shall make such rules as they consider necessary, shall...
• Section 418.521 Second Injury Fund; Payments Reimbursable.
  (1) If an employee has a permanent disability in the form of the loss of a hand, arm, foot, leg or eye and subsequently...
• Section 418.531 Disability Or Death From Silicosis, Dust Disease, Employment In Logging Industry, Or Exposure To Polybrominated Biphenyl; Reimbursement Of Carrier; Limitation; Right Of Funds To Commence Action And Obtain Recovery.
  (1) In each case in which a carrier including a self-insurer has paid, or causes to be paid, compensation for disability or death from...
• Section 418.532 Repealed. 1996, Act 357, Eff. June 1, 2000.
  Compiler's Notes: The repealed section pertained to rights and liabilities of uninsured employer.Popular Name: Act 317
• Section 418.535 Disability Caused By Combination Of Causes; Apportionment; Reimbursement Of Employer.
  If an employee's disability is caused by a combination of silicosis or other dust disease, or arose in the course of employment in the...
• Section 418.537 Payments From Self-insurers' Security Fund.
  (1) The trustees may authorize payments from the self-insurers' security fund upon request to the fund's administrator by a disabled employee or a dependent...
• Section 418.538 Claims Authorized Under Mcl 418.501a; Payment.
  The trustees may authorize payments from the private employer group self-insurers security fund for claims authorized under section 501a. A claim may be made...
• Section 418.541 Payments From Funds; Notice Of Claim For Reimbursement; Agreements; Rights Of Fund As Employer Or Carrier.
  (1) All payments from the funds shall be determined by the trustees and made upon an order signed by a trustee. If a dispute...
• Section 418.545 Compromising Liability Of Silicosis, Dust Disease, And Logging Industry Compensation Fund; Redemption Of Liability.
  The trustees may compromise the liability of the silicosis, dust disease, and logging industry compensation fund by entering into a redemption of liability directly...
• Section 418.551 Assessments; Notice; Payment; Assessments As Elements Of Loss In Establishing Rates; Continuation Of Liability; Certification Of Receipts; Delinquencies; Disposition Of Money; Investments; Disposition Of Earnings; Reports And Accounting; Annual Financial Report; Report Regarding Self-insurers' Security Fund's Management Of Claims; Exclusion Of Personally Identifiable Information.
  (1) As soon as practicable after January 1 of each year, the director shall assess pursuant to subsection (3) a sum that in total...
• Section 418.552 Insufficiency Of Funds; Borrowing; Repayment; Restriction; Special Assessment.
  (1) If, before the end of any calendar year, the annual assessments, after having been substantially collected, have not provided funds sufficient to either...
• Section 418.552a Expired. 1980, Act 357, Eff. Jan. 1, 1986.
  Compiler's Notes: The expired section pertained to employers required to participate in safety education and training programs or to utilize department of labor services.Popular Name:...
• Section 418.552b Silicosis, Dust Disease, And Logging Industry Compensation Fund; Review; Report.
  The silicosis, dust disease, and logging industry compensation fund created in section 501 shall be reviewed by the department of labor and reported upon...
• Section 418.553 Self-insurers' Security Fund Or Private Employer Group Self-insurers Security Fund; Subrogation.
  The self-insurers' security fund or the private employer group self-insurers security fund, after paying an injured employee, shall have all the rights of the...
• Section 418.555 Reimbursement Provisions; Delinquent Carriers.
  The reimbursement provisions of this chapter are not available to any carrier currently delinquent in paying any assessment authorized in this chapter. History: 1969,...
• Section 418.561 Application For Self-insurance; Agreement As To Insolvency.
  The application for self-insurance by a private employer shall contain an agreement that in case of insolvency the employer shall make its records available...

Last modified: October 10, 2016