Section 500.2024a - Giving merchandise to applicants for life insurance.
THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956
500.2024a Giving merchandise to applicants for life insurance.
Sec. 2024a.
Beginning January 1, 1986, sections 2024, 2066, and 2070 shall not be construed to prohibit a life insurer or life insurance agent from giving to each applicant for a life insurance policy an article of merchandise having an invoice value of $5.00 or less.
History: Add. 1989, Act 68, Imd. Eff. June 16, 1989
Popular Name: Act 218