Mich. Comp. Laws § 500.6516

Current through Public Act 166 of the 2024 Legislative Session
Section 500.6516 - Limited liability pool; underwriting rules
(1) A limited liability pool formed under this chapter shall put in writing all underwriting rules used by the insurer and shall file its underwriting rules with the commissioner prior to their use in this state.
(2) As used in this section, "underwriting rules" means the written statements, guidelines, or criteria of a limited liability pool, that describe the standards under which the limited liability pool issues, refuses to issue, renews, refuses to renew, or limits coverage for liability insurance under this chapter.

MCL 500.6516

Add. 1990, Act 350, Imd. Eff. 12/26/1990 .