Section 550.918 - Fees; payment; collection; and designation.
THIRD PARTY ADMINISTRATOR ACT (EXCERPT)
Act 218 of 1984
550.918 Fees; payment; collection; and designation.
Sec. 18.
(1) The commissioner shall collect, and the persons affected shall pay to the commissioner, the following fees:
(a) Filing fee to accompany application for third party administrator's certificate of authority........................................ $ 200.00. (b) Certificate of authority for a third party administrator........................... $ 25.00. (c) Filing fee for annual statement of a third party administrator, each year................ $ 25.00.(2) Fees paid under this section shall be designated for the insurance bureau to cover the additional costs incurred as a result of this act.
History: 1984, Act 218, Eff. Jan. 1, 1985 ;-- Am. 2002, Act 74, Imd. Eff. Mar. 15, 2002