Michigan Compiled Laws § 500.1121 Applicability Of Mcl 500.1123 To 500.1127 To Certain Insurers.

500.1121 Applicability of MCL 500.1123 to 500.1127 to certain insurers.

Sec. 1121.

The provisions of sections 1123 through 1127 apply to all life and disability insurers and also apply to licensed property and casualty insurers with respect to their disability insurance business. Sections 1123 through 1127 do not apply to assumption reinsurance, yearly renewable term reinsurance, or certain nonproportional reinsurance such as excess or catastrophe reinsurance.

History: Add. 1994, Act 226, Imd. Eff. June 27, 1994
Popular Name: Act 218

Section: Previous  500.1101  500.1103  500.1105  500.1106-500.1120  500.1121  500.1123  500.1124  500.1125  500.1127    Next

Last modified: October 10, 2016