Michigan Compiled Laws § 500.5210 Dealing In Commodities Prohibited; Exception.

500.5210 Dealing in commodities prohibited; exception.

Sec. 5210.

No domestic property or marine or inland navigation and transportation, or automobile (limited) insurer shall, directly or indirectly, deal or trade in buying or selling any goods, wares, merchandise or other commodities whatever, excepting such articles as may have been insured by such insurer, and are claimed to be damaged by fire or water.

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

Section: Previous  500.5202  500.5204  500.5205  500.5206  500.5208  500.5208a  500.5209  500.5210  500.5214  500.5215  500.5216  500.5218  500.5220  500.5222  500.5224  Next

Last modified: October 10, 2016