Section 500.402 - Insurers; certificate of authority requirement.
THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956
500.402 Insurers; certificate of authority requirement.
Sec. 402.
No person shall act as an insurer and no insurer shall issue any policy or otherwise transact insurance in this state except as authorized by a subsisting certificate of authority granted to it by the commissioner pursuant to this code.
History: 1956, Act 218, Eff. Jan. 1, 1957
Popular Name: Act 218