Mich. Comp. Laws § 500.2440

Current through Public Act 171 of the 2024 Legislative Session
Section 500.2440 - Rating organizations; rules affecting payment of dividends, savings or unabsorbed premium

No rating organization shall adopt any rule the effect of which would be to prohibit or regulate the payment of dividends, savings or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers.

MCL 500.2440

1956, Act 218, Eff. 1/1/1957 .