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