Michigan Compiled Laws § 500.1167 Reinsurance Intermediary And Reinsurance Intermediary-manager; Examination Of Books, Bank Accounts, And Records.

500.1167 Reinsurance intermediary and reinsurance intermediary-manager; examination of books, bank accounts, and records.

Sec. 1167.

(1) A reinsurance intermediary shall be subject to examination by the commissioner. The commissioner shall have access to all books, bank accounts, and records of the reinsurance intermediary in a form usable to the commissioner.

(2) A reinsurance intermediary-manager may be examined as if it were the reinsurer.

History: Add. 1994, Act 226, Imd. Eff. June 27, 1994
Popular Name: Act 218

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Last modified: October 10, 2016