Section 550.610 - Policy or certificate; delivery to debtor.

CREDIT INSURANCE ACT (EXCERPT)
Act 173 of 1958

550.610 Policy or certificate; delivery to debtor.

Sec. 10.

The individual policy or group certificate of insurance shall be delivered to the insured debtor at the time the indebtedness is incurred except as hereinafter provided.


History: 1958, Act 173, Eff. Sept. 13, 1958
Compiler's Notes: For transfer of authority, powers, duties, functions, and responsibilities of the insurance bureau and the commissioner of insurance to the commissioner of the office of financial and insurance services and the office of financial and insurance services, see E.R.O. No. 2000-2, compiled at MCL 445.2003 of the Michigan compiled laws.