Mich. Comp. Laws § 500.815

Current through Public Act 148 of the 2024 Legislative Session
Section 500.815 - Computation of unearned premium reserve on mortgage guaranty insurance

The unearned premium reserve on mortgage guaranty insurance shall be computed in accordance with section 808, except that on policies covering a risk period of more than 1 year the unearned premium reserve shall be computed in accordance with rules promulgated by the commissioner.

MCL 500.815

Add. 1972, Act 345, Imd. Eff. 1/9/1973 .