218-1956-4 - CHAPTER 4 AUTHORIZATION OF INSURERS AND GENERAL REQUIREMENTS (500.402...500.480)
- Section 500.402 - Insurers; certificate of authority requirement.
- Section 500.402a - Transactions of insurance requiring certificate of authority.
- Section 500.402b - Transactions of insurance not requiring certificate of authority.
- Section 500.402c - Motor vehicle rental company; insurance transaction; definitions.
- Section 500.403 - Insurers; authorization to do business.
- Section 500.404 - Insurers; financial conditions; compliance required.
- Section 500.405 - Foreign insurer; revocation of certificate of authority; conditions; requalification for certificate of authority if control acquired; determination.
- Section 500.405a - Insurer subject to delinquency proceedings; revocation of certificate of authority; conditions.
- Section 500.405b - Requalification pursuant to MCL 500.405 or 500.405a; formal review.
- Section 500.406 - Foreign insurer; limitation on corporate purposes and powers; election of statute; denial of admission or authority; continuation of license to transact insurance business previously
- Section 500.407 - Authorization to transact kinds of insurance; exceptions.
- Section 500.407a - Noninsured benefit plan; offering and writing excess loss insurance; definition; authority of insurer not limited.
- Section 500.408 - Insurers; capital, surplus, or asset requirement; schedule; multiple lines; provisions for transacting certain insurance; applicability of section; compliance with MCL 500.403.
- Section 500.410 - Minimum amount of unimpaired capital and surplus; minimum amount and use of additional surplus; transacting life insurance or property insurance; continuing to transact insurance; tr
- Section 500.410a - Bail bond surety and fidelity insurance company; authority to transact insurance.
- Section 500.411 - Deposits required to transact insurance.
- Section 500.412 - Procedure for becoming domestic insurer.
- Section 500.413 - Transfer of domicile of domestic insurer to another state; effect of transfer; approval of transfer; “U.S. branch” defined.
- Section 500.414 - Certificate of authority, agent's appointments, licenses, rates, and other items of transferring insurer continue in full force and effect; outstanding policies remain in full fo
- Section 500.415 - Rules.
- Section 500.416 - Special deposit.
- Section 500.417 - Repealed. 1966, Act 137, Eff. Mar. 10, 1967.
- Section 500.418 - Identification of payers subject to child support arrearages; "title IV-D agency" defined.
- Section 500.422 - Repealed. 1994, Act 226, Imd. Eff. June 27, 1994.
- Section 500.424 - Admission of foreign or alien insurer to state; application; report of financial standing; issuance of certificate of authority; filing fees.
- Section 500.425, 500.426 - Repealed. 1992, Act 182, Imd. Eff. Oct. 1, 1992.
- Section 500.430 - Repealed. 1992, Act 182, Imd. Eff. Oct. 1, 1992.
- Section 500.431 - Definitions.
- Section 500.431a - State of entry by alien insurer through U.S. branch; requirements.
- Section 500.431b - U.S. branch using state as state of entry to transact insurance; compliance.
- Section 500.431c - Trusteed assets; value.
- Section 500.432 - Trust agreement and amendments; authentication; withdrawal of approval; form; hearing; modifications or variations; contents and provisions of trust agreement; withdrawal of trusteed
- Section 500.432a - Certificate of authority to do business; issuance or amendment to U.S. branch; proof that insurer will not violate act or charter; noncompliance.
- Section 500.433 - Trusteed assets below minimum required; proceeding against alien insurer.
- Section 500.434 - Repealed. 1972, Act 360, Imd. Eff. Jan. 9, 1973.
- Section 500.435 - Certificate of authority as evidence of authority to transact insurance; duration of certificate; certificate as property of state; prerequisites to termination of certificate.
- Section 500.436 - Conditions for suspension, revocation, or limitation of certificate of authority.
- Section 500.436a - Continuing operation of insurer transacting insurance; standards; subscription to private rate organization not required; determination of financial condition; issuance of order by
- Section 500.436b - Certificate of authority limited by order of commissioner.
- Section 500.437 - Proceeding for suspension, revocation, or limitation of certificate of authority; notice; imposition of conditions in order of limitation.
- Section 500.438 - Annual statement; filing; extensions; fee; format and contents; reply to inquiries; availability of reports to public; penalty for failure to file statement or reply to inquiry; stat
- Section 500.438a - Domestic, foreign, and alien insurers; filing annual statement with national association of insurance commissioners; foreign insurers considered in compliance with section; agents o
- Section 500.439 - Repealed. 1992, Act 182, Imd. Eff. Oct. 1, 1992.
- Section 500.440 - Repealed. 1987, Act 261, Imd. Eff. Dec. 28, 1987.
- Section 500.440a - Credit against tax imposed by MCL 500.476a; claim; refund; retroactive application.
- Section 500.441, 500.442 - Repealed. 1987, Act 261, Imd. Eff. Dec. 28, 1987.
- Section 500.443 - Foreign insurer; payment of quarterly installments of estimated tax; filing statement with revenue commissioner.
- Section 500.444 - Collection of delinquent taxes with interest or penalty.
- Section 500.445 - Delinquency as bar to granting certificate of authority.
- Section 500.446 - Repealed. 1987, Act 261, Imd. Eff. Dec. 28, 1987.
- Section 500.448, 500.449 - Repealed. 1975, Act 232, Eff. July 2, 1976.
- Section 500.450 - Repealed. 1987, Act 261, Imd. Eff. Dec. 28, 1987.
- Section 500.451 - Taxes on unauthorized insurers; regulatory fee; payment; delinquency.
- Section 500.454 - Name of insurer.
- Section 500.456 - Legal process served on resident agent effective as personal service on company, association, or group; stipulation; filing copy of appointment; fee; duration of appointment; service
- Section 500.457 - Repealed. 1992, Act 182, Imd. Eff. Oct. 1, 1992.
- Section 500.460 - Licensed agent to write or place insurance policies.
- Section 500.462 - Signature of licensed agent on application for life or disability insurance.
- Section 500.464 - Additional deposits by domestic insurers.
- Section 500.470 - Repealed. 1992, Act 182, Imd. Eff. Oct. 1, 1992.
- Section 500.476 - Repealed. 1987, Act 261, Imd. Eff. Dec. 28, 1987.
- Section 500.476a - Alien or foreign insurers; deposit of securities or making certain payments; computation; revocation of certificate of authority; purpose of section; domestic insurer owned or contr
- Section 500.476b - Taxes to which authorized insurer subject.
- Section 500.476c - Repealed. 1993, Act 200, Eff. Dec. 28, 1994.
- Section 500.478 - NAIC report of activities.
- Section 500.479 - Imposition of fee by NAIC.
- Section 500.480 - Definitions.