Michigan Compiled Laws § 500.1902 Liberal Construction And Application.

500.1902 Liberal construction and application.

Sec. 1902.

This chapter shall be liberally construed and applied to promote its underlying purposes which include:

(a) Protecting persons seeking insurance in this state.

(b) Permitting stable and reputable insurers to write surplus lines insurance in this state.

(c) Establishing a system of regulation which will permit an orderly access to surplus lines insurance in this state.

History: Add. 1980, Act 341, Eff. June 23, 1981
Popular Name: Act 218

Section: 500.1901  500.1902  500.1903  500.1903a  500.1904  500.1905  500.1906  500.1910  500.1911  500.1912  500.1913  500.1915  500.1916  500.1917  500.1920  Next

Last modified: October 10, 2016