Michigan Compiled Laws § 500.2320 Facility; Deferred Premium Payment Plans.


500.2320 Facility; deferred premium payment plans.

Sec. 2320.

The facility shall provide for deferred premium payment plans which shall include sufficient advance payments at least equal to the pro rata earned premium at all times.


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