Section 500.108 - Authorized, unauthorized insurer; definitions.

THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956

500.108 Authorized, unauthorized insurer; definitions.

Sec. 108.

As used in this code:

(1) “Authorized” insurer means an insurer duly authorized, by a subsisting certificate of authority issued by the commissioner, to transact insurance in this state.

(2) “Unauthorized” insurer means an insurer not so authorized to transact insurance in this state.


History: 1956, Act 218, Eff. Jan. 1, 1957
Popular Name: Act 218
Popular Name: Essential Insurance