Mich. Admin. Code R. 500.21

Current through Vol. 24-19, November 1, 2024
Section R. 500.21 - Definitions

Rule 1.

(1) As used in these rules:
(a) "Act" means the insurance code of 1956, 1956 PA 218, MCL 500.100 to 500.8302.
(b) "Applicant" means an individual applying for a license as an insurance producer under section 1205 or 1206 a of the act, MCL 500.1205 or 500.1206a; solicitor under section 1214 of the act, MCL 500.1214; adjuster under section 1224 of the act, MCL 500.1224; or insurance counselor under section 1234 of the act, MCL 500.1234.
(c) "Conviction" means a final judgment entered by a court upon a plea of guilty, guilty but mentally ill, or nolo contendere or upon a jury verdict or court finding that a defendant is guilty or guilty but mentally ill. However, the following are not considered a conviction for the purposes of these rules:
(i) An order of disposition entered under section 18 of chapter XIIA of the probate code of 1939, 1939 PA 288, MCL 712 A.18, or a similar law of another jurisdiction applicable to the adjudication of juveniles.
(ii) A conviction that has been expunged. As used in this paragraph, "expunged" means that the conviction was set aside pursuant to 1965 PA 213, MCL 780.621 to 780.624, or a similar law of another jurisdiction, or the criminal history record information pertaining to the conviction was destroyed. A conviction is not considered expunged solely because the conviction is sealed, nonpublic, or otherwise not disclosable to 1 or more individuals or group of individuals pursuant to applicable law.
(iii) A conviction that has been reversed or vacated.
(d) "Director" means the director of the department of insurance and financial services.
(e) "Felony" means that term as defined in section 1 of 1974 PA 381, MCL 338.41.
(f) "Misdemeanor" means a violation of either of the following:
(i) A penal law that is not a felony.
(ii) An order, rule, or regulation if the violation is punishable by a term of imprisonment in a jail or prison.
(2) A term defined in the act has the same meaning when used in these rules.

Mich. Admin. Code R. 500.21

2023 MR 6, Eff. 3/20/2023