Section 500.2322 - Agent authorized to solicit, negotiate, or effect worker's compensation insurance on behalf of facility or participating member; rights and duties.
THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956
500.2322 Agent authorized to solicit, negotiate, or effect worker's compensation insurance on behalf of facility or participating member; rights and duties.
Sec. 2322.
Every agent who is authorized to solicit, negotiate, or effect worker's compensation insurance on behalf of the facility or on behalf of any participating member shall:
(a) Offer to place worker's compensation insurance through the facility for any applicant requesting the agent to do so.
(b) Be entitled to receive, and any participating member be entitled to pay, a commission for placing insurance through the facility at the uniform rates of commission as provided in the plan of operation.
History: Add. 1982, Act 8, Eff. Jan. 1, 1983
Popular Name: Act 218