Section 500.1913 - Separate account of each transaction; filing certified evidence of transactions.
THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956
500.1913 Separate account of each transaction; filing certified evidence of transactions.
Sec. 1913.
Each surplus lines licensee shall keep a separate account of each transaction entered into pursuant to section 1905. Certified evidence of these transactions in the form and manner prescribed by the commissioner shall be filed periodically with the commissioner, or if designated by the commissioner, with an association.
History: Add. 1980, Act 341, Eff. June 23, 1981
Popular Name: Act 218