Michigan Compiled Laws § 500.5244 Liability For Payment Under Invalid Law Or Ordinance.

500.5244 Liability for payment under invalid law or ordinance.

Sec. 5244.

No personal liability shall arise against any director, trustee, officer, or agent of any insurer by reason of any payment made by or on behalf of such insurer on account of any taxes, licenses, or fees paid pursuant to any statute, law, or ordinance, even though the statute, law, or ordinance is subsequently declared or held to be invalid.

History: 1956, Act 218, Eff. Jan. 1, 1957 ;-- Am. 1966, Act 217, Eff. Mar. 10, 1967 ;-- Am. 1988, Act 290, Eff. Jan. 1, 1989
Popular Name: Act 218

Section: Previous  500.5241  500.5242  500.5242a  500.5242b  500.5242c  500.5242d  500.5243  500.5244  500.5245  500.5246  500.5248  500.5252  500.5256  500.5258  500.5260  Next

Last modified: October 10, 2016