Michigan Compiled Laws § 500.2440 Rating Organizations; Rules Affecting Payment Of Dividends, Savings Or Unabsorbed Premium.

500.2440 Rating organizations; rules affecting payment of dividends, savings or unabsorbed premium.

Sec. 2440.

No rating organization shall adopt any rule the effect of which would be to prohibit or regulate the payment of dividends, savings or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers.

History: 1956, Act 218, Eff. Jan. 1, 1957
Popular Name: Act 218

Section: Previous  500.2421  500.2426  500.2430  500.2431  500.2434  500.2436  500.2438  500.2440  500.2446  500.2450  500.2452  500.2456  500.2458  500.2462  500.2464  Next

Last modified: October 10, 2016