Michigan Compiled Laws § 500.2318 Facility; Classification And Rating Systems; Determination And Use.

500.2318 Facility; classification and rating systems; determination and use.

Sec. 2318.

(1) The classification and rating systems of the facility shall be determined by the designated advisory organization, subject to the requirements of this chapter and the approval of the commissioner.

(2) Every participating member designated to act on behalf of the facility shall be authorized to use the classification and rating systems of the facility on business placed through the facility and shall not use other rates for worker's compensation insurance placed through the facility.

History: Add. 1982, Act 8, Eff. Jan. 1, 1983
Popular Name: Act 218

Section: Previous  500.2301  500.2303  500.2310  500.2312  500.2318  500.2320  500.2322  500.2350  500.2352    Next

Last modified: October 10, 2016