MCL - Act 175 of 2018
AN ACT to impose an assessment on certain insurance providers; to impose certain duties and obligations on certain insurance providers, state departments, agencies, and officials; to create certain funds; to authorize certain expenditures; and to impose certain remedies and penalties.
History: 2018, Act 175, Imd. Eff. June 11, 2018
| Document | Type | Description |
|---|---|---|
| Section 550.1751 | Section | Short title. |
| Section 550.1753 | Section | Definitions. |
| Section 550.1755 | Section | Waiver request; notification of member months, rate, and insurance providers by tier. |
| Section 550.1757 | Section | Assessment; levy; rates; payment method. |
| Section 550.1759 | Section | Records; failure to file return or keep proper records; right of department to impose assessment. |
| Section 550.1761 | Section | Administration of assessment; conflicting provisions of law; rules; annual report. |
| Section 550.1763 | Section | Insurance provider fund; establishment; creation; deposit; transfer of money. |
| Section 550.1765 | Section | Appropriation for administration. |
| Section 550.1767 | Section | Failure to pay assessment, interest, or penalty; final determination; written notice to director; suspension or revocation of certificate of authority to transact insurance. |