STATUTES

STATE STATUTES & CODES

MICHIGAN STATUTES AND CODES

218-1956-15 - CHAPTER 15 INSURANCE PREMIUM FINANCE COMPANIES (500.1501...500.1514)

Section 500.1501 - Inapplicability of chapter.
Section 500.1501a - Financial institutions; application of chapter.
Section 500.1502 - Insurance premium finance companies; definitions.
Section 500.1503 - License requirements; violation, penalty; fees, renewal, application.
Section 500.1504 - License investigation of applicant; issuance, grounds, hearing, bond.
Section 500.1505 - Premium finance company; license; revocation or suspension; grounds; hearing; penalty; appeal.
Section 500.1506 - Premium finance transaction records; examination; preservation.
Section 500.1507 - Insurance commissioner; regulatory powers.
Section 500.1508 - Premium finance agreement; requirements; specifications; items; subsidiary companies.
Section 500.1509 - Premium finance company; authorized charges; service charge; amending original contract where balance of premium due changed.
Section 500.1510 - Insurance premium finance agreement; delinquency charge; cancellation charge.
Section 500.1511 - Premium finance agreement; cancellation of insurance, procedure, notice, refund.
Section 500.1512 - Premium finance agreement; filing not required.
Section 500.1513 - Existing companies; license, fee.
Section 500.1514 - Insurance commissioner and employees; statement of expenses and charges, payment; employment of expert personnel.

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