Section 500.1512 - Premium finance agreement; filing not required.

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

500.1512 Premium finance agreement; filing not required.

Sec. 1512.

No filing of the premium finance agreement shall be necessary to perfect the validity of such agreement as a secured transaction as against creditors, subsequent purchasers, pledgees, encumbrances, successors or assigns.


History: Add. 1968, Act 352, Eff. Nov. 15, 1968
Popular Name: Act 218